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Nigeria: NCS - Nitma Awards Will Create Tech Innovation, Boost Economy

[This Day] Emma Okonji




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Africa: Despite Tough Geopolitical Crosswinds, Global Leaders Advance on AI Governance and Other Key Topics at 2024 Paris Peace Forum

[Paris Peace Forum] The election of Donald Trump changed the world - for a second time. Just days after U.S. vote, and as COP29 opens in Baku in a world more divided than ever, world leaders came together at the 7th edition of the Paris Peace Forum at the historic Palais de Chaillot and other locations across Paris. Under the theme Wanted: A Functioning Global Order the Forum once again convened leaders, decision-makers, and civil society representatives from around the world to discuss and find solutions to some




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Nigeria: Nigerian Travellers Elated As Neos Begins Lagos-Milan Flight

[This Day] The long awaited flight between Nigeria and Italy has become a reality as Italian flag carrier, Neos Airline has announced commencement of direct flight service between Lagos and Milan end of October.




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Nigeria/Libya: How Super Eagles Reacted to Harrowing Libyan Airport Experience

[Premium Times] This isn't the first time Nigeria has faced difficulties in Libya. In 2018, the team was held for four hours due to documentation issues.




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Zimbabwe: Troutbeck Resort, the Gem of Nyanga

[The Herald] If you have not been to Troutbeck Resort in Nyanga, you have not been anywhere meaningful in the world.




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South Africa: Donkey Carts Stand Idle As Tourism Dies in Cederberg Village

[GroundUp] Heuningvlei was devastated by flooding for two consecutive years but the residents are determined to keep their town alive




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Nigeria: Transcorp Hotels Records 67 Percent Revenue Growth, Profit Up By 192 Percent in Q3

[Daily Trust] Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group, has announced its Q3 results for 2024.




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Nigeria: Transcorp Hotels Reports 67 Percent in Revenue Growth to N48.49bn

[This Day] Transcorp Hotels Plc, yesterday on the Nigerian Exchange Limited (NGX) announced its third quarter (Q3) ended September 2024 unaudited result and accounts with a strong performance from top to bottom.




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Nigeria: IMF Wants Nigeria to Focus More On Increasing Tax Revenue

[Vanguard] The International Monetary Fund (IMF) has asked the Nigerian government to put in place a more efficient tax collection system in order to broaden its revenue base.




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South Africa: Nelson Mandela Bay Tourism Staggers Under Crime Onslaught - Calls for Beachfront Police Unit

[Daily Maverick] Once a popular tourism destination along Nelson Mandela Bay's beachfront, the 'Golden Mile', a hub of luxury hotels and guesthouses, has become a crime hotspot. The community is calling for decisive action, but the metro is still crafting its plan.




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Kenya: Passengers Entering Kenya Must Declare Mobile Devices, Says KRA

[Capital FM] Nairobi -- Passengers entering Kenya will soon be required to declare their mobile phones, including their International Mobile Equipment Identity (IMEI) numbers, as part of a new compliance measure by the Kenya Revenue Authority (KRA).




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Ethiopia: Africans Urged to Adequately Use Tourism Potential for Sustainable Development

[ENA] Addis Ababa -- Africans are urged to adequately use the potential of tourism for sustainable economic development and prosperity.




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Kenya: Global Tourism Resilience and Crisis Management Centre At Kenyatta University Wins Tourism Resilience Award in London

[Capital FM] London, UK -- The Global Tourism Resilience and Crisis Management Centre - Eastern Africa (GTRCMC-EA), based at Kenyatta University, has been honoured with the prestigious Tourism Resilience Award during the Global Resilience Council Hall of Fame Awards at Plaisterers' Hall in London.




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Kenya: Tourists Exempted From Declaring Imei Numbers for Gadgets Upon Arrival, Says KRA

[Capital FM] Nairobi Kenya -- The Kenya Revenue Authority (KRA) has exempted tourists from the requirement to declare their gadgets' International Mobile Equipment Identity (IMEI) numbers upon arrival, to support tourism and ensure ease of access.




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Nigeria: Flight Disruption - NCAA Introduces Additional Protection for Air Passengers

[Leadership] In addition to the Consumer Protection Portal (CPP), recently unveiled to address issues and agitations arising from flight delays and cancellations, the Nigeria Civil Aviation Authority (NCAA), has again, introduced another layer of protection for air travel consumers.




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FDA discourages use of laparoscopic power morcellation for hysterectomies

Dr. Jessica Shepherd, Assistant Professor of Clinical Obstetrics and Gynecology at the University of Illinois College of Medicine explains why the FDA discourages use of a laparoscopic surgery for hysterectomies and removal of uterine fibroids.




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ISIS posts "A Second Message to America"

Juan Zarate, CBS News, Senior National Security Analyst, discusses reports ISIS beheaded a second American journalist, Steven Sotloff, and the upcoming NATO summit.




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Targeting ISIS

Pamela Falk, CBS News Foreign Affairs Analyst, discusses the President saying he will reveal a plan Wednesday that will expand the military campaign against ISIS.




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Corruption Charges

Paula Reid, CBS News Justice Department Reporter, discusses the indictment of New Jersey Sen. Robert Menendez on federal corruption charges. He's accused of accepting nearly one million dollars worth of gifts and contributions in exchange for political favors that benefited a friend.




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DSW Names Crispin its Creative Agency of Record

Footwear and accessories retailer Designer Shoe Warehouse (DSW) has selected Crispin as its new creative agency of record (AOR), the agency shared exclusively with ADWEEK. Crispin will support the brand's internal team with brand strategy, visual identity, and integrated marketing as it evolves DSW's "positioning for the modern consumer," according to the companies. Prior to...




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Somalia: Somali President Urges Immediate Action for Palestinian Statehood At Arab-Islamic Summit

[Shabelle] Riyadh, Saudi Arabia -- In a compelling speech at the Extraordinary Summit of the Arab States and the Organization of Islamic Cooperation, President Hassan Sheikh Mohamud of Somalia underscored the dire necessity of establishing a Palestinian state as crucial for enduring peace in the Middle East.




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Nigeria: Shell Will Continue to Power Progress On Energy Security in Nigeria - Okunbor

[This Day] Shell will continue to power progress in the drive for energy security in Nigeria through its businesses in the Upstream, Midstream and Downstream and Renewables sectors, Country Chair, Shell Companies in Nigeria and Managing Director, The Shell Petroleum Development Company of Nigeria Ltd (SPDC,) Osagie Okunbor said yesterday in Lagos.




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Nigeria: How Dr Nnamene Built One of Nigeria's Most Successful Business Conglomerate

[This Day] Fact have emerged on how one of Nigeria's billionaire's and business mogul, Dr Innocent Nnamene rose from a humble beginning to build one of the most successful business empires in Nigeria.




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Nigeria: Property Taxes Can Help Nigeria, Others Develop - IMF

[This Day] The International Monetary Fund (IMF) has highlighted property taxes as a crucial but underutilised revenue source for Nigeria and other low-income countries aiming to achieve sustainable growth.




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Nigeria: Nigeria Grows Crude Oil Output By Over 1 Million Barrels in October

[This Day] *IPMAN says it expects to agree petrol price with Dangote refinery in 48 hours*Crude nears two-week low as OPEC cuts demand view




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Nigeria: We'll Support Nigeria's Economic Reforms, Saudi Crown Prince, Salman, Tells Tinubu

[This Day] Crown Prince and Prime Minister of Saudi Arabia, Prince Mohammed bin Salman bin Abdulaziz Al Saud, has assured President Bola Tinubu that his country would support Nigeria's economic reforms.




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Nigeria: Hardest Economic Days Behind Us, Tinubu Assures Nigerians

[Leadership] President Bola Tinubu on Tuesday declared a new chapter in Edo State's history with the triumph of democratic values as Senator Monday Okpebholo and Dennis Idahosa were sworn in as governor and deputy governor, respectively.




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Nigeria: Epileptic Power Supply in North May Last Longer

[Leadership] The quest to resolve the power crisis in Northern Nigeria appears increasingly bleak as new revelations have surfaced regarding the mismanagement and neglect that have plunged the region into prolonged darkness.




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Kenya: UN Chief Calls for Urgent Climate Finance Action At COP29

[Capital FM] Baku, Azerbaijan -- At the COP29 climate conference in Baku, Azerbaijan, UN Secretary-General António Guterres emphasized the need for substantial and immediate financial commitments to support developing nations in addressing the severe impacts of climate change.




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Uganda: Govt Puts 2025/26 Budget Projections At Shs57.4 Trillion

[Nile Post] Government has put the 2025/26 budget projections at Shs57.4 trillion which is lower than this year's shs72.1 trillion budget.




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Africa: Tanzania, AU Push Clean Cooking Agenda At COP29

[Business Day Africa] Tanzania and the African Union (AU) jointly hosted a high-level side event at the COP29 climate summit in Azerbaijan, aiming to place clean cooking at the forefront of the global climate agenda.




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Nigeria: COP29 - Global Warming Is Over, Global Boiling Begins, Antonio Guterees Warns

[Vanguard] The United Nations, UN, Secretary-General, António Guterres, has warned about the dire need for climate action and increased funding to support vulnerable nations, stressing that "the era of global warming has ended; the era of global boiling has arrived".




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Ethiopia: Drivers Queue for Days As Hawassa's Fuel Shortage Reaches Crisis Point - Black Market Prices Hit 170 Birr Per Liter

[Addis Standard] Addis Abeba -- Drivers in Hawassa, the capital of Sidama Regional State, report an acute and worsening fuel shortage, which they attribute to widespread black market sales within the city.




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Nigeria: Channel Funds to Industrialisation, Not Palliatives, Anglican Primate Tells Govt

[Premium Times] The cleric commended the government for ensuring that the scope of intervention of TETFund expanded from building infrastructure to carrying out research programmes.




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Nigeria: Tinubu Returns From Saudi Arabia

[Premium Times] The president arrived at the Nnamdi Azikiwe International Airport, Abuja at about 8. 00 p.m. and was welcomed by members of his administration.




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Nigeria: We've Stopped Importing Refined Petroleum - NNPC GCEO Kyari

[Vanguard] The Nigerian National Petroleum Company (NNPC) Limited has ceased importing refined petroleum products, according to Mele Kyari, the group chief executive officer (GCEO) of NNPC.




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Nigeria: Blue-Chip Companies' Opex Tops N5.1tn On Inflation, Regulatory Charges, Naira Devaluation

[This Day] On the back of galloping inflation, regulating expenses, and devaluation of the local currency, a total of 23 leading companies on the Nigeria Exchange Limited (NGX), reported a whooping N5.1 trillion operating expenses in the half year (H1) ended June 2024.





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Nigeria: Stakeholders Task FG, States On Fake Agro-Chemicals in Markets

[Leadership] Cocoa Farmers Association of Nigeria (CFAN), has challenged the National Task Force (NTF), states, the federal government and stakeholders in the cocoa value chain to intensify efforts in flushing out fake and adulterated agro-chemicals from the market to increase the production of cocoa in the country.




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Nigeria: Stock Market Drops By N448.4bn On Investors' Profit -Taking in Bua Cement, 27 Others

[This Day] The stock market segment of the Nigerian Exchange Limited (NGX) kicked off the new week on a negative note, dropping by N448.41 billion over investors' profit-taking in BUA Cement Plc and 27 others listed companies.




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Zimbabwe: Bridgefort Capital to Migrate Shares to Vfex

[The Herald] BridgeFort Capital, formerly Medtech Holdings, is set to migrate its Class A and Class B listings to the Victoria Falls Stock Exchange (VFEX) and list by way of introduction.




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Nigeria: Stock Market Returns Bearish As Investors Lose N1.3 Trn in 5 Days

[Vanguard] The Nigerian stock market ended last week ended on a bearish note, as both the Nigerian Exchange, NGX All Share Index, ASI and market capitalisation fell to 97,432.02 points, and market N59.038 trillion, down from the previous week's close of 99, 448. 91 points and N59. 432 trillion respectively.




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Nigeria: Global Stock Markets Rise Ahead Today's US Election

[Daily Trust] Global stock markets rose and the dollar slid yesterday as investors steel themselves for a coin-toss US presidential election, an interest rate decision and expected Chinese stimulus measures.




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Nigeria: Stock Market Down N317.7bn On Profit-Taking in Aradel Holdings, 29 Others

[This Day] Kayode Tokede




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Nigeria: H1'24 - Oando Records 51 Percent Growth in Revenue to N2 Trn

[Vanguard] Oando PLC, Africa's leading energy solutions company listed on both the Nigerian Stock Exchange (NGX) and Johannesburg Stock Exchange (JSE) has announced a 51% growth in revenue of N2 trillion in the unaudited first half 2024, HI'24 compared to N1.3 trillion in H1'23.




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Nigeria: MTN Nigeria Plans N50 Billion Commercial Paper

[Premium Times] MTN Nigeria hopes to use the cash to bridge the working capital gap in the short term.




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Nigeria: Stock Market Gains N131bn After Six Days of Losses

[This Day] The stock market segment of the Nigerian Exchange Limited (NGX) yesterday gained N131 billion in market capitalisation to halt a six-day losing momentum.




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Nigeria: Agama, Bajomo, 78 Others Bag Fellowship of Stockbrokers' Institute As 210 Inducted Associates

[Leadership] The director-general, Securities and Exchange Commission (SEC), Dr Emomotimi Agama and an Octogenarian, Senator Felix Bajomo were among the 80 Stockbrokers invested as Fellows by Chartered Institute of Stockbrokers (CIS).




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Nigeria: Oil & Gas Companies Thrives On Products Price Hike As Revenue Hits N2.97tn

[This Day] Following the significant increase in price of Premium Motor Spirit and other products, a total of six oil & Gas companies listed on the Nigerian Exchange Limited (NGX) generated N2.97 trillion revenue in in nine months of 2024.




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John Kimble, Prominent Longtime Talent Agent, Dies at 79

John D. Kimble, a prominent longtime Hollywood talent agent at agencies including DHKPR, Triad and William Morris, died Sunday in Dallas. He was 79. Born in Kingsville, Texas, he was raised in Uvalde, Texas and graduated the University of Texas, El Paso with a theater degree. He started out hoping to act in Westerns, and […]