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Nigeria
Skye Bank mulls subsidiaries’ sale to raise capital
Skye Bank may sell some or all of its local and foreign subsidiaries as part of a review aimed at streamlining operations and boosting its capital adequacy, its chief financial officer told Reuters. The Central Bank of Nigeria, CBN, shored up Skye Bank in July with a more than N100 ...
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Nigeria
EFCC Arrests Edo SUBEB Officials Over N1.5bn Fraud
The Economic and Financial Crimes Commission, EFCC, Ibadan Zonal Office has arrested the executive chairman and Director of Finance of the Edo State Universal Basic Education Board (SUBEB), Mr. Stephen Alao and Mr. Adams Osabuohien respectively, in connection with an alleged case of abuse of office, diversion and misappropriation of ...
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Israele
Israeli defense electronics firm wins U.S. army contract worth up to $103 million
Business in Brief: Real estate developer Gazit-Globe swings to profit in Q3; Bezeq Israel Telecom releases Q3 results; Discount Investment to get year-end boost with Adama sale; Tel Aviv shares edge downward.
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Etiopia
Undesirable Side Effect of New Guideline On Relinquishing Shares
[Addis Fortune] The long-standing saga that has held foreign nationals of Ethiopian origin who are shareholders in financial institutions in limbo for about two years was resolved after the National Bank of Ethiopia issued a guideline effective from 28 October 2016.
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Etiopia
#COP22, New Investments, King's Visit to Ethiopia Headline Recent Progress
[Moroccan American Center] Morocco's hosting of COP22 was not only an opportunity for King Mohammed VI to promote his vision of energy/environment policies in Africa; it was also a showcase for projects and investments to make the promise of lower carbon emissions a global reality. Immediately following the meetings, the ...
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Spagna
Economía.- El Congreso avala a Albella para presidir la CNMV con la oposición del PSOE y Podemos
MADRID, 23 (EUROPA PRESS) La Comisión de Economía y Competitividad del Congreso ha avalado la idoneidad y la no existencia de conflicto de intereses en el nombramiento de Sebastián Albella como presidente de la Comisión Nacional del Mercado de Valores (CNMV) y de Ana María Martínez-Pina como vicepresidenta.
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Spagna
Economía/Finanzas.- Remigio Iglesias, presidente de la nueva sociedad inmobiliaria de Banco Popular
MADRID, 23 (EUROPA PRESS) El consejo de administración de Banco Popular ha nombrado a Remigio Iglesias presidente de la nueva sociedad inmobiliaria que la entidad tiene previsto constituir y de la que Roberto Rey será el nuevo consejero delegado, según han informado a Europa Press fuentes financieras.
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Portogallo
Sobrinha-neta de Sarney foi estuprada antes de ser assassinada
A sobrinha-neta do ex-presidente da República José Sarney Mariana Costa, de 33 anos, foi estuprada antes de ser assassinada pelo cunhado, o empresário Lucas Porto, de 37, segundo informou a Polícia Civil do Maranhão. Os laudos periciais foram apresentados nesta quarta-feira (23/11), na sede da própria ...
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Russia Giappone Vietnam
Japan’s nuclear-reactor export business loses a customer in Vietnam
Vietnam’s National Assembly has voted to abandon plans to build two nuclear power plants with Russia and Japan, after officials cited lower demand forecasts, rising costs and safety concerns. The vote Tuesday to scrap the country’s first atomic energy project deals a blow to the global nuclear business and to ...
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Brasile
Celebrating Thanksgiving 2016 in Rio de Janeiro
By Sarah Brown, Contributing Reporter RIO DE JANEIRO, BRAZIL – The U.S. holiday of Thanksgiving falls on Thursday, November 24th this year, and thanks to the growing appetite among the foreign community in Rio de Janeiro, there will be several venues across the city that will be celebrating the day ...