Tuesday, August 25, 2026
Nigeria’s Flour Mills to raise N39.86bn via rights issue of 1.47bn shares
Flour Mills of Nigeria Plc.(FMN) has concluded arrangement to sell 1.47 billion ordinary shares to existing shareholders at N27 per...
Read moreDetailsZimbabwe to relax black ownership laws, increase tax revenues for economic growth
Zimbabwe will trim spending and relax laws that require black citizens to hold majority stakes in companies as well as...
Read moreDetailsAlibaba to Invest $200m in India online grocer
Alibaba Group Holding Ltd., China’s e-commerce giant, plans to invest about $200 million in India’s largest online supermarket, Bigbasket, leading...
Read moreDetailsU.S. household net worth $96.9trn in q3 2017
Rising stock and real estate prices drove U.S. household wealth to $96.9 trillion in the third quarter of this year,...
Read moreDetailsWorld Bank cuts down Kenya growth outlook over credit, spending
The World Bank lowered its economic growth forecasts for Kenya as delays in spending cuts, weak credit extension, and political...
Read moreDetailsOil trades near $56 after slump as U.S. gasoline stockpiles gain
Oil held losses near $56 a barrel after falling the most in two months as U.S. gasoline stockpiles expanded more...
Read moreDetailsAustralia’s economy grows slower as consumer spending shows weakest increase since end of 2008
Australia’s economy grew slower than forecast as household spending rose at the weakest pace since the 2008 financial crisis, reinforcing...
Read moreDetails709-carat diamond found in Sierra Leone sells for $6.5m
Officials say a 709-carat diamond found in Sierra Leone has been sold for more than $6.5 million, according to Association...
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