Tue Mar 1, 2016/Reuters Barclays Plc reported a 2 percent fall in full-year adjusted pre-tax profit on Tuesday and unveiled plans to simplify its UK & international operations to boost returns and cut costs, primarily by exiting its historic African business. The British lender said it would sell down its […]
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Growth in South Africa’s economy slows to 0.6 pct q/q in fourth quarter
Tue Mar 1, 2016/Reuters South Africa’s economy grew by 0.6 percent in the fourth quarter of 2015 after rising 0.7 percent in the three months to September, Statistics South Africa said on Tuesday. Gross domestic product also expanded by 0.6 percent on an unadjusted year-on-year basis in the fourth quarter, […]
Scarcity: Petrol sells for N200 on black market
March 1, 2016 As the scarcity of petrol continued on Monday across the country, illegal hawkers of the commodity on the black markets resurfaced in parts of Lagos, Abuja and other cities, selling the product for between N120 and N200 per litre to desperate motorists and other users. The official […]
