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Nigeria
Banks fail to meet CBN’s forex terms
The Central Bank of Nigeria (CBN) is set to cancel the Foreign Exchange Primary Dealers (FXPDs) status of some of the 15 FXPDs banks for recording low forex volumes of transactions against set guidelines, The Nation has learnt. Some of the FXDPs banks include FirstBank, Zenith Bank, United Bank for ...
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Dubai Mansions: Buratai Abided By Constitutional Provisions – Civil Society
The coalition for civil society groups, COCSG, has called for caution in the condemnation of the Chief of Army Staff, Lt. Gen. Tukur Buratai over his alleged ownership of $1.5 million worth of mansion in Dubai, saying the facts of the matter suggest he duly declared the building as required ...
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Kuwait
Tambuwal Seeks To Benefit From Kuwait’s $1bn Devt Fund
As part of efforts to boost educational, cultural and business ties with the State of Kuwait, Sokoto State government said it is making concerted efforts to benefit from the Arab country’s $1billion development fund set aside for intervention in critical social sectors in Sub-Saharan Africa. Making this known when he ...
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Giappone
Overwhelming majority of analysts predict more stimulus from Kuroda this week
Bank of Japan Gov. Haruhiko Kuroda hasn’t faced such intense expectations for more monetary stimulus anytime since his first meeting as Bank of Japan governor in 2013. Thirty-two of 41 analysts forecast that Kuroda and the BOJ board will expand their record program at the two-day meeting ending on Friday, ...
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Giappone
Japan sees first half-year trade surplus since Fukushima nuclear disaster
Japan on Monday posted its first half-year trade surplus since the 2011 Fukushima nuclear disaster, which sent energy import bills soaring and led to a string of deficits. The world’s third-largest economy logged a January-June surplus of ¥1.8 trillion ($17 billion), against a ¥1.69 trillion deficit in the same period ...
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USA Giappone
Airbnb sues after hometown San Francisco demands platforms only list registered lodgings
San Francisco wants people who rent out their homes through Airbnb and other online platforms to follow some rules, and it wants the platforms to advertise only those rule-abiding listings — or face steep fines. That means Airbnb and others must stick to advertising San Francisco hosts who have registered ...
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Giappone
Abe camp facing TPP-ratification headwinds after ruling bloc losses in farmer-friendly Tohoku
Japan is having difficulty in ratifying the Trans-Pacific Partnership after it and 11 other countries signed the free trade agreement about six months ago. The Diet is expected to resume discussions on a proposal seeking approval of the TPP and relevant legislation this autumn. But the government is facing a ...
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Cina Giappone Hong Kong
China brokers look to tap ‘Pokemon Go’ appeal via AR startups, costumes
The absence of “Pokemon Go” in China isn’t deterring analysts from speculating on which local companies stand to benefit from the hit mobile game and the augmented-reality experience it has helped make popular. The base case for Chinese investors is perhaps Hong Kong-listed Lenovo. On July 18, the computer maker’s ...
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Giappone
Verizon reportedly set to pay $5 billion to buy embattled Yahoo
Verizon has agreed to buy online portal Yahoo Inc. for roughly $5 billion, according to multiple media reports citing a single unnamed source. The deal is expected to be announced formally on Monday before markets open. Verizon had emerged in recent days as the front-runner for the beleaguered internet company. ...
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Qatar
Insurance premium for Qatar's 'risky' drivers set to increase
Qatar Central Bank orders firms to base premiums on motorists’ records