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USA Nigeria
6 States To Benefit From MTN Mobile Clinics
Six states in the country are expected to benefit from MTN mobile clinics in the country. This gesture was by MTN Nigeria through its foundation and in partnership with the ministry of Health and the National Primary Health Care Development Agency, at the state level. The six states that will ...
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USA Nigeria
Energy Transition: Sylva, Kyari To Woo Investors
With massive investments needed to drive the energy transition in the country, Nigeria is making efforts to woo investors from the US and European countries into the nation’s oil and gas sector. Expected to be led by the minister of state for Petroleum Resources, Timipre Sylva and the group managing ...
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Sudafrica
Firm Secures $274m Facility From Afreximbank
Mars Exploration & Production Company Limited has secured a $274 million senior reserve-based lending facility from Afreximbank. Signed yesterday at the ongoing Intra-African Trade Fair (IATF) in Durban, South Africa by its founder and executive chairman, Mr. Abdullahi Bashir, Mars E & P is to utilise the proceeds of this ...
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Sudafrica
NNPC, Afreximbank Seal $1.04bn Oil Trade Financing Deal
The Nigerian National Petroleum Corporation (NNPC) has signed a five-year agreement worth $1.04 billion with the African Export–Import Bank (Afreximbank). The deal meant for trade financing was signed at the ongoing Intra-African Trade Fair (IATF) in Durban, South Africa. The oil trade financing deal is for the export of the ...
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Nigeria
ICT Has Transformed Nigeria’s Economy, Says Pantami
Minister of communication and digital economy, Prof Isa Ali Ibrahim (Pantami), has said the advent of accessible information and communication technology (ICT) has accelerated Nigeria’s economic development. He said a significant number of the present information and communication technology are tools of the digital economy infrastructure promoted by the federal ...
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Turchia
Bennett to speak with Turkey's Erdoğan in first since 2013, after Israeli couple released
President Herzog thanked Erdoğan in a phone call, emphasizing the importance of increased dialogue, which has become a main goal of Israel's foreign policy towards Turkey since the Oknin couple's arrest
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USA
Fight Erupts Over New York Blood Center’s Manhattan Building
The New York Blood Center wants to build a 233-foot-tall tower on a residential block in the Manhattan neighborhood. The city has proposed $450 million in tax incentives.
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Brasile Ecuador
Ecuador puts all its investment expectations in “Open for Business 2021”
RIO DE JANEIRO, BRAZIL - Ecuador puts all its hopes on the "Open for Business 2021" forum, the first of international scope organized by the Government of Guillermo Lasso and in which some 700 businessmen will participate in person and virtually more than 1,500. The event, which will be held ...
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Brasile
Commodities: Coffee soars to its highest level in nearly 10 years
RIO DE JANEIRO, BRAZIL - Concern with the supply of grain in Brazil continues dominating business. Frosts and dry weather have compromised the 2022/23 Brazilian crop, which due to the positive biennial should be larger than for 2021/22. Rabobank forecasts a harvest of 63.5 million sacks for the season (42 ...
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Brasile
Inflation will be Brazil’s main economic problem in 2022 – Minister of Economy
RIO DE JANEIRO, BRAZIL - "The problem will not be low growth, the problem will be resilient inflation. Inflation will probably be a little bit higher than you are projecting, but so will growth. I don't make forecasts, I joke about forecasts, about wrong ones," the Minister said while taking ...