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Cina
Deutsche Bank approved for China’s SAFE foreign currency trade payments pilot scheme
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Nigeria
Union Bank Secures $40m IFC Facility To Boost Trade Finance
Union Bank Plc said it has received a $40 million finance guarantee facility from the International Finance Corporation (IFC) to boost access to finance for local businesses. In a statement, the bank said the facility was approved under the IFC’s global trade finance programme (GTFP) and would help to enable ...
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Nigeria
COVID-19: FG To Mitigate Effects On Rural Economy
The federal government has said that it is set to launch a new programme that would mitigate the effects of COVID-19 pandemic on citizens and the rural economy. Minister of state for Budget and National Planning, Clem Agba who revealed this at the Retreat of the Federal Steering Committee of ...
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Cina
China Will Always Support Africa, Says Official
China will continue to support Africa and will resolve the debt issue through friendly consultations with African countries, the Foreign Ministry spokesperson, Zhao Lijian, said on Monday in Beijing. Lijian made this remarks at a news conference in response to certain Western countries’ false accusations against China of not fully ...
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Nigeria
FG, IFAD Launch Nigeria Agriculture Gender Network
The Federal Government and International Fund for Agricultural Development Value Chain Development Programme (VCDP) is facilitating the process of establishing a gender network, tagged Nigeria Agriculture Gender Network (NAGN) in partnership with other donor Programmes. The Knowledge Management and Communications Advisor, IFAD, Mrs Vera Onyeaka Onyilo, in a statement made ...
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Nigeria
Group Launches Campaign Against Irregular Migration, Seeks Media Partnership
By Blessing Bature-Akpakpan, Abuja A non governmental organisation, Africa Youth Growth Foundation (AYGF) has decried the incessant death of Nigerians on the Mediterranean Sea and desert as a result of irregular migration to Europe. During a press briefing yesterday in Abuja on the launch of the Migration Information Communication Campaign ...
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Nigeria
NDLEA Arrests 228 Alleged Drug Offenders
Operatives of National Drug Law Enforcement Agency (NDLEA) Lagos State Command have arrested two hundred and twenty-eight suspected drug dealers and seized over five tonnes of illicit drugs from various locations across the state in the third quarter of the year. The agency, in a statement signed by the command’s ...
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Iran
No partner? When needed, Israel can talk to Hezbollah
As Lebanon tries to form a new cabinet, the Iran-backed group is set to maintain its prominent presence in the government, which is negotiating a maritime border with Israel
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Israele
Cargo from Dubai arrives at Haifa Port, cementing Israel-UAE trade route
Israeli officials have estimated bilateral trade could reach $4 billion a year after normalization deal – and nearly all goods will have to travel by sea
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Nigeria
Nigeria: Braving the Challenges of Foreign Private Equity Investment in Nigeria
[Vanguard] Nigeria has witnessed a steady decline in Foreign Direct Investment, FDI, in recent time. According to data from the National Bureau of Statistics, FDI was $1.19 billion in 2018, while only $934.34 million was received in 2019.