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Brasile USA
Brazil’s transmission capital expenditure expected to increase significantly in 2022
RIO DE JANEIRO, BRAZIL - The Ministry of Mines and Energy (MME) estimates that the two transmission auctions scheduled for June and December this year will attract investments of R$11 billion (US$1.98 billion), 160% more than in 2021. Projected capital spending is also 35% higher than in 2020 and represents ...
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Nigeria
Buhari Applauds Ayade’s Contributions To Rice Farming
Cross River State’s investments in rice production yesterday resonated in Abuja as President Muhammadu Buhari bestowed on the state governor, Prof Ben Ayade, an award of Excellence in recognition of his government’s effort in that regard. Ayade received the presidential honour at the unveiling of the Abuja Rice Pyramids by ...
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Nigeria
FirstBank To Boost Remittance Through 750 Branches
First Bank Nigeria Limited has restated its commitment towards growing remittance inflow through its 750 branches spread across the country. The bank, in a statement, said it is in partnership with several International Money Transfer Organisations (IMTOs) to ensure that customers in Nigeria are able to receive funds from abroad ...
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Nigeria
Remove Fuel Subsidy, Rejig Economy Before 2023, Group Tells Buhari
A religious group, Nigeria Christian Forum (NCF), a coalition of Protestants and Catholic faithful, has thrown its weight behind fuel subsidy removal, saying it’s one step the federal government must be courageous to take in order to salvage the nation from total collapse. The NCF said there were indicators which ...
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Nigeria
TUC Decries $9.5bn Spent By FG On Moribund Refineries
The president, Trade Union Congress, Mr Quadri Olaleye has said that the federal government in the last 10 years wasted about $9.5billion for turnaround maintenance of the moribund refineries. Quadri disclosed this in Abuja, yesterday, at the inauguration of Board of Trustees (BoT) and the new National Executive Committee (NEC) ...
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Nigeria
Electoral Bill: NASS Must Act Now
It is not just amazing but insightful that Nigeria is still trying to grapple with amendments to the Electoral law, a journey that commenced since 2015. It reflects the level of priority the key stakeholders, besides the Independent National Electoral Commission (INEC), place on ensuring that the electoral system is ...
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Nigeria
Nigeria Is Becoming Self-sufficient In Food Production – Buhari
For President Muhammadu Buhari, the commissioning of rice pyramids in Abuja yesterday is an indication that Nigeria is making steady and assured progress towards self-sufficiency in food production. The federal government is pursuing an agenda of Nigerians consuming what is produced locally to discourage importation, reduce pressure on the naira ...
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Giappone
Japan maintains view that economy is recovering but warns of omicron risk
The government retained its view that the economy remains on a recovery track, but has also warned of a potential "increase in downside risks" caused ...
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Brasile
Circuito de Negócios Agro Banco do Brasil oferece crédito itinerante
O Banco do Brasil (BB) montou agências móveis que percorrerão todas as regiões do país para oferecer crédito para pequenos produtores rurais, informou hoje o presidente do banco, Fausto de Andrade Ribeiro, em entrevista para o programa A Voz do Brasil. Chamada de Circuito de Negócios Agro 20/22, a terceira edição ...
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Brasile
Dólar sobe para R$ 5,56 pressionado pelo mercado internacional
As pressões do mercado externo voltaram a pesar, fazendo o dólar subir pelo segundo dia consecutivo e praticamente anulando a queda no acumulado de 2022. A bolsa de valores resistiu às quedas nos mercados internacionais e fechou em leve alta. O dólar comercial encerrou esta terça-feira (18) vendido a R$ 5,561, ...