- Cairo-The Egyptian bourse denied a legation that Egyptian mobile firm Orascom Telecom had new details to announcements regarding ongoing talks with South Africa's MTN on monday. The stock exchange on Sunday requested clarity on any material issues that might be moving Orascom's share price. Orascom shares closed up 12 percent on Sunday, their biggest rise since January 31. Orascom reported that "there are talks with the South African company MTN, and this is what we have divulged before," and in a statement published by the bourse, but said it did not want to disclose further details to avoid encouraging competing offers.

- By Akum Kampala Abuja, held the sixth edition of the `’Made in Italy in Nigeria’ show, as part of activities lined up for its June 4 National Day at the Italian Embassy on Sunday. The event aimed, ‘A Taste of Italy 2010’, featured various types of Italian dishes by renowned chef, Ferruccio Minuz, a selection of Italian wines, and an exhibition space for the Italian business community in Nigeria. Roberto Colamine,the Italian envoy to Nigeria spoke at the occasion and listed other events to commemorate the national day to include an art exhibition on ‘Visions of Nigeria’, an Italian animated movie for kids, and the national day reception slated for…