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USA Giappone
Kushner family’s business set to get over $400 million from Chinese firm
A company owned by the family of Jared Kushner, President Donald Trump’s son-in-law and senior adviser, stands to receive more than $400 million from a prominent Chinese company that is investing in the Kushners’ marquee Manhattan office tower at 666 Fifth Ave. The planned $4 billion transaction includes terms that ...
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USA Giappone
Dissassembled 200-year-old Massachusetts tavern moved to Connecticut
A 200-year-old tavern has been moved in its entirety from Massachusetts to Connecticut. The MetroWest Daily News (bit.ly/2mDzFKS ) reports that hundreds of pieces of the nine-room Woodbury Tavern that had been stored in a barn behind Paul Bourdon’s Southborough, Massachusetts, home were trucked about 100 miles to Guilford, Connecticut, ...
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Nigeria
Recession: How ICT can replace oil as economy’s mainstay
As oil revenue steadily drops, ICT experts say technology can become Nigeria’s economic mainstay, writes OZIOMA UBABUKOH Even though the global oil prices are gradually rising again, there are indications that steadiness of the prices at the high end is no longer feasible and its implications for emerging economies relying ...
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Nigeria
BoI to finance MSMEs in Kebbi with N2bn
Ifeanyi Onuba, Abuja The Bank of Industry and Kebbi State Government have agreed to set up a N2bn loan scheme to support entrepreneurship development in the state. The Acting Managing Director, BoI, Mr. Waheed Olagunju, stated this during a meeting with the Governor of Kebbi State, Abubakar Bagudu. He said ...
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Nigeria
Ghost workers: FG wants BVN extended to MFBs
Ifeanyi Onuba, Abuja The Federal Government, in a bid to fish out more ghost workers, has called on the Central Bank of Nigeria to extend the requirement for the Bank Verification Number to account holders in microfinance banks. The Minister of Finance, Mrs. Kemi Adeosun, stated this in a letter ...
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Nigeria
Ogun upgrades MAPOLY to MKO Abiola varsity
The Ogun Governor, Senator Ibikunle Amosun, on Monday, signed the bill to upgrade the state-owned Moshood Abiola Polytechnic, Abeokuta, to the Moshood Abiola University of Science and Technology, Abeokuta. Also signed into law is the bill to establish the Ogun State Polytechnic, Ipokia, in the Yewa area of the state. ...
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Nigeria
Stop senseless killings, Anglican Church tells Buhari
Tony Okafor, Awka The Primate of Church of Nigeria, Anglican Communion, Archbishop Nicholas Okoh, has asked President Muhammadu Buhari to find ways to stop the killing of Nigerians across the country. Okoh said it was the duty of the Federal Government to protect the lives and property of Nigerians in ...
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Nigeria
CBN moves to check forex abuse in banks
The Central Bank of Nigeria (CBN) has deployed mystery shoppers to commercial banks to guard against foreign exchange abuse by the lenders. The CBN, Fidelity Bank Plc Managing Director Nnamdi Okonkwo said yesterday, is particular about ensuring that banks disburse funds meant for Business Travel Allowances (BTAs) and Personal Travel ...
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Nigeria
Bonny NLNG’s gross revenue hits $90b
• NNPC seeks passage of PIB Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD) Dr. Maikanti Baru yesterday said the Bonny NLNG is one of the biggest success stories of the oil and gas industry since it came on stream in 1995. He said the project has generated $90 ...
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Nigeria
Fed Govt to save $200m from fertiliser initiatives
The President of Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN), Mr. Thomas Etuh, has said the Presidential Fertiliser Initiative will save the Federal Government about $200 million in foreign exchange (forex). He spoke yesterday while monitoring the fertiliser project in Kaduna State. He said it was a Public Private ...