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Africa Business News
By Africa Business RadioNews
Africa Business News episodes
- Buhari Stops Estimated Billings As He Directs Mass Metering Of Electricity ConsumersOperators in Nigeria's power sector have been ordered to carry out mass metering of unmetered electricity customers nationwide. The Nigerian Electricity Regulatory Commission, on Wednesday, said the order was given by President Muhammadu Buhari.
In a tweet, NERC also declared that it had not approved any increase in electricity tariffs, as reported in some quarters on Wednesday.
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Support this podcast: https://anchor.fm/newscast-africa/support2 min - South Africa ministry OKs AngloGold Asset Sale But Blocks De-listingSouth Africa’s mines ministry has given the green light for the sale of AngloGold Ashanti’s last remaining assets in the country to Harmony Gold on condition that it does not delist from the Johannesburg stock Exchange. In an email, the Department of Mineral Resources and Energy said an application in terms of Section 11 of the MPRDA has been received and was approved on 24 July.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - FG Approves N10bn Palliative for TransportersNigeria has approved a 10-billion-naira survival fund for transport workers and operators. The Minister of State for Transportation, Gbemisola Saraki, made this known when the President, Public Transport Owners of Nigeria Association, Isaac Uhunwagho, led the association’s National Executive Committee and Trustees to pay her a courtesy call in Abuja.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - Nigerian Government Approves N722.3m For Eight NDDC Forensic AuditorsThe Federal Executive Council has approved the payment of 722.3 million naira to eight field forensic auditors engaged to audit 12,000 projects embarked upon by the Niger Delta Development Commission in states.
The Minister of Niger Delta Affairs, Godswill Akpabio, disclosed these to State House correspondents at the end of a meeting of the council presided over by the President, Muhammadu Buhari.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - Presidency Reacts As Nigeria’s GDP Shrinks By -6.10% in Q2The Nigerian Presidency, on Wednesday, commended the recently released GDP results for the second quarter of 2020 released by the National Bureau of Statistics despite a 6.10% decline year-on-year. The Special Adviser to the President on Media and Publicity, Femi Adesina, stated its position on the GDP figures in a statement titled “Our response to Quarter 2, 2020 NBS figures, by Presidency.” In the statement, Mr. Adesina stated that the overall decline of 6.1 per cent (for Q2 2020) and -2.18 per cent, for H1 2020, was better than the projected forecast of -7.24 per cent as estimated by the NBS.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - China's Mighty Financial Group Heads For a Mega Market DebutChinese financial technology group Ant has unveiled plans for a stock market debut that may raise a record $30bn (£23bn).
The company, affiliated with online retail giant Alibaba, says it will sell shares in Hong Kong and Shanghai.
The announcement comes amid rising tensions as the Trump administration cracks down on Chinese firms.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - Oil Prices Rally Higher, As U.S Oil Producers Suspend Operations In Gulf Of MexicoCrude oil prices rallied higher on Wednesday at Asia’s trading session. This was triggered by American oil producers shutting down most of their oil production in the Gulf of Mexico ahead of a pending hurricane storm and high hopes on China-U.S. trade talks.
Brent crude futures gained, trading at $45.94 per barrel as at 0515GMT. West Texas Intermediate crude was also up 0.03%, trading at $43.37 per barrel. Both crude oil benchmarks settled at a five-month high yesterday.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - Exxon Mobil Replaced By A Software Stock After 92 Years In The DowOn Monday, S&P Dow Jones Indices announced the largest changes to the 30-stock benchmark in seven years. Along with Exxon, which is being replaced by sales force Pfizer and Raytheon Technologies are being removed in favor of Amgen and Honeywell International. The changes take effect Aug. 31.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - Turkey-Greece Tensions Escalate Over Turkish Med Drilling PlansThe two neighbours have seen frequent flare-ups, but this latest spat over gas reserves and maritime rights has prompted fears that tensions could escalate further. Several other countries have stakes in the dispute and the two Nato allies are engaged in a war of words.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min - World Economic Forum Says Annual Meeting In Davos Will Be Delayed Until Summer 2021The World Economic Forum announced on Wednesday that it decided to postpone its upcoming annual meeting in Davos, Switzerland out of an abundance of caution regarding Covid-19.
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This episode is sponsored by
· Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA
Support this podcast: https://anchor.fm/newscast-africa/support2 min
About Africa Business News
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Daily news insights and analysis of the African business Landscape, covering from emerging startups to macroeconomics from across the 55 African Union member states com.