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Nigeria
Pass bills that’ll be impactful on economy, Elumelu tells N’Assembly
Ifeanyi Onuba, Abuja The Chairman, United Bank for Africa Plc, Mr. Tony Elumelu, has called on the National Assembly to pass progressive bills that will impact positively on the economy, following Nigeria’s exit from recession. Elumelu, who is also the chairman of Heirs Holding Limited, made the call in Abuja ...
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USA
Trump aide Kushner registered to vote as a woman
Donald Trump’s son-in-law and top aide, Jared Kushner, has been registered to vote as a woman for eight years, US media reported. Voter information records held by New York show the presidential adviser — whose portfolio includes everything from seeking peace in the Middle East to reining in the opioid ...
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Nigeria
Foreign debt payment to gulp $11.62bn in 10 years – DMO
Everest Amaefule, Abuja Nigeria may have to grapple with the payment of $11.62bn in foreign debt in the next 10 years, a projection of the Debt Management Office has shown. The debt service payment over the 10-year period, 2017 to 2026, includes some principals that will fall due for redemption ...
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Nigeria
Coca-Cola Nigeria to spend $600m on new products
Coca-Cola Company’s Nigerian operation will invest $600m by 2020 to boost sales, in line with a global strategy to extend the product range beyond its soft drinks. The unit of the Atlanta-based beverage maker plans to expand its offering of drinks to include flavoured and condensed milk, iced tea and ...
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Thailandia
SET opens up 2.35 to 1,672.62
Thai stocks opened up 0.14% at the start of trade this morning.
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Cina Indonesia Singapore Vietnam Filippine
Koreans eye Thailand to cut China risk
South Korean companies are keen to invest in Thailand, particularly the Eastern Economic Corridor (EEC), and making the country their production hub for the Asean and Asian regions, according to the Korea Trade-Investment Promotion Agency (Kotra).
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USA
Sluggish US sales force Nike to rely more on Asia
New York: Nike Inc's US business continued to sputter last quarter, putting more pressure on its operations in Asia and Latin America to pick up the slack.
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India
Rise in gold smuggling expected
MUMBAI: Gold smuggling in India, the world's second-biggest consumer of the metal, is likely to rise during the country's peak holiday season as buyers try to avoid paying a new sales tax and to dodge new transparency rules.
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Angola
LNG vende à empresa alemã
A Angola LNG e a Glencore Energy UK Limited, esta última com sede em Londres, assinaram um acordo plurianual de vendas de gás, com base no qual o consórcio industrial que opera na região petrolífera do Soyo fará a entrega de carregamentos de LNG à Glencore em diversos pontos do ...
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Kenya
Kenya takes fight for EPA deal to Europe
Trade pact would guarantee EAC traders duty and quota-free access to the European market