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Nigeria
EFCC secured 340 convictions in six months, says Magu
Eniola Akinkuotu, Abuja The Economic and Financial Crimes Commission says it has secured 340 convictions for various offences and recovered billions of dollars stolen funds from unscrupulous individuals within the last six months. The EFCC acting Chairman, Ibrahim Magu, said this at the project launch on law enforcement and public ...
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Nigeria
2017 budget will be signed soon, Akabueze says
The Director-General, Budget Office, Mr. Ben Akabueze, says he is optimistic that the 2017 budget will soon be signed. He said this on Tuesday in Abuja at a round table organised by Time Economics on issues concerning the economy. Akabueze said that to address issues of delayed budget passing and ...
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Nigeria
Reps urge FG to address escalating price of cement
The House of Representatives has urged the Federal Ministry of Industry, Trade and Investment to interface with Cement Manufacturers Association of Nigeria (CMAN) over escalating price of cement in the country. The call was sequel to a unanimous adoption of a motion by Rep. Abubakar Yunusa (Gombe-APC) at the plenary ...
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Nigeria
Cartel running Nigeria’s banking sector, CBN losing control – Senate
Leke Baiyewu, Abuja The Senate on Tuesday said Nigeria’s banking sector is being run by a cartel which frustrates the monetary and fiscal policies of the Federal Government. It said the group of bank owners has become strong that it manipulates the economy. The upper chamber of the National Assembly ...
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USA Nigeria
Nigeria’s market profitable for investors – Osinbajo
Olalekan Adetayo, Abuja The Acting President, Yemi Osinbajo, has described Nigeria as one of the most profitable places in the Economic Community of West African States sub-region for business and investment. A statement on Tuesday by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, quoted the Acting President ...
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Regno Unito
No reason to cancel Trump’s visit to UK – Johnson
British Foreign Secretary Boris Johnson on Tuesday said he saw no reason to cancel Donald Trump’s state visit to Britain after the U.S. president criticised Mayor Sadiq Khan’s response to the London Bridge killings. Trump lambasted Khan on Twitter, accusing him of making a “pathetic excuse”, for saying that Londoners ...
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USA Nigeria
Fani-Kayode condemns FG for snubbing Israel at ECOWAS summit
Eniola Akinkuotu, Abuja A former Minister of Aviation, Femi Fani-Kayode, has condemned the President Muhammadu Buhari-led government for allegedly snubbing Israel at the just concluded summit of the Economic Community of West African States, which held in Liberia. The government had sent a small delegation headed by the Minister of State ...
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Sudafrica Nigeria
South Africa slips into recession
South Africa has entered recession for the first time in eight years, data from Statistics South Africa showed on Tuesday. Data from Statistics South Africa in Pretoria showed the first quarter contraction was led by weak manufacturing and trade. The data showed that South Africa’s economy contracted by 0.7 per ...
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Portogallo
F1 pode voltar a Portugal
A Fórmula 1 pode regressar ao Portugal e deverá realizar-se no Autódromo Internacional do Algarve, de acordo com informações avançadas pela Autosport.
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Portogallo
Lesados Banif e Santander Totta acusam: houve 99% de desconto na aquisição do Banif Bahamas
A Associação diz que "dada a relevância e gravidade da questão em causa, vai pedir uma audiência ao Banco de Portugal assim como ao Ministério das Finanças tendo em vista também ter acesso ao documento de formalização da venda da participação acionista do Banif International Bank,