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January 11, 2018 10:18 AM Dangote tops Africa’s rich list for 7th year

Buoyed by rising stock markets and commodity prices, Africa’s billionaires are collectively wealthier than a year ago. The 23 billionaires that Forbes found in Africa – up from 21 billionaires last year — are worth a combined $75.4 billion, compared to $70 billion in January 2017. The richest African, for the seventh year in a row, is Nigerian cement 39

December 19, 2017 10:37 AM La Liga Chases Asian Cash With Early Clasico Kick-Off

For the first time, Spanish football’s showpiece event, El Clasico between giants Real Madrid and Barcelona, has been scheduled for a lunchtime kick-off (1200GMT) on Saturday as La Liga seeks to capture Asia’s attention and its cash. “We are keen to provide our fans in Asia the opportunity to watch Real Madrid and Barcelona face off at a time that is convenient 36

December 5, 2017 7:45 AM Oil holds losses below $58

Oil held losses below $58 a barrel before US government data forecast to show crude stockpiles decreased for a third week. Futures were little changed in New York after dropping 1.5% on Monday, the most in three weeks. Inventories probably fell by 2.5 million barrels last week, a Bloomberg survey shows before an Energy Information Administration report 29

December 3, 2017 5:53 AM Kwara monarch, Oba Charles Ibitoye dies at 65

The Olomu of Omu-Ara in Irepodun Local Government Area of Kwara State, Oba Charles Ibitoye is dead. His death was confirmed by Chief Festus Awoniyi, the Petu of Omu-Aran. Awoniyi broke the news of the monarch’s passage shortly after the meeting of the Olomu-in-Council on Saturday in Omu-Aran. Awoniyi also told reporters that “the Elemosho of Omu-Aran 31

November 2, 2017 1:56 PM SON seizes goods worth N9.3m smuggled into Kano

The Standard Organisation of Nigeria (SON) has impounded 552 bags of copper sugar and 227 cartons of Tasty Tom Spaghetti to the tune of N9.3 million, allegedly smuggled into Kano State markets. The confiscation was revealed by the State Coordinator of SON, Alhaji Yunusa Mohammed, on Tuesday at Karaye Local Government area during enforcement operation 56

October 31, 2017 3:13 PM Catalonia pushes for independence from Spain: What to know

Spanish prosecutors on Monday said they are seeking charges against the ousted Catalonia Cabinet – days after Spain took over the semi-autonomous region that declared itself independent. Spain imposed direct control of Catalonia on Friday after its parliament declared independence. The country invoked a never-before used constitutional amendment to take control 114

October 31, 2017 12:22 PM The Finance 202: Wall Street shrugs off Mueller indictments

Investors processed some troubling news out of Washington on Monday by downgrading their expectations for a tax overhaul. But the mild stock sell-off that resulted had apparently little to do with the first indictments from Robert Mueller’s probe of the Trump team’s alleged Russia ties. Instead, the market was responding to a Bloomberg News report that House 139

October 30, 2017 1:57 PM Spain pushing for rebellion charges against ousted Catalan leaders

Spain's state prosecutor said Monday that he would seek charges of rebellion, sedition and embezzlement against members of Catalonia's ousted secessionist government, pushing the crisis over the region's independence declaration into an uncertain new phase. Chief prosecutor Jose Manuel Maza said he would ask judges for preventive measures against the politicians 50

October 30, 2017 12:37 PM Osun road projects ‘ll enhance economic development – Commissioners

The Osun state government has explained that it embarked on massive road construction for rapid economic and infrastructure development of the state. According to the government, Osun desired infrastructure development to improve the economy of the state, noting that there was dearth of infrastructure before the emergence of Governor Rauf Aregbesola’s 21

October 29, 2017 9:01 AM For Spanish and Catalan economies, no winners from standoff

MADRID — Xavier Gabriel can take some credit if the tiny Catalan mountain town of Sort is one of the most famous in Spain. He runs a lottery shop called La Bruja de Oro, or The Golden Witch, in a town whose name, aptly, means “Luck” in Catalan. Its fortune in having sold many prize-winning tickets has made it a household name and a successful online 50