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Nigeria
Buhari to sign new executive orders
Eniola Akinkuotu, Abuja The Federal Government will on October 2 inaugurate a new 60-day action plan that will run till November 3 that will focus on the reforms that all its Ministries, Department, and Agencies will be working on. The initiatives cover areas such as starting a business, construction permits, ...
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Nigeria
Ex-Afren bosses to face charges over $400m Nigeria deals
’Femi Asu The United Kingdom’s Serious Fraud Office has said it will charge two former executives of collapsed oil company, Afren Plc, with alleged fraud over payments they received through secret companies relating to over $400m business deals in Nigeria. Afren, an oil and gas exploration and production company once ...
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Nigeria
Senate alleges poor budget implementation, summons Adeosun, Udoma
Leke Baiyewu, Abuja The Senate has invited the Minister of Finance, Mrs. Kemi Adeosun, and Minister of Budget and National Planning, Senator Udo Udoma, to brief it on the implementation of the 2017 Appropriation Act. The upper chamber of the National Assembly, at the plenary on Tuesday, scored the Executive ...
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Nigeria
Exit from recession still fragile, says CBN
Ifeanyi Onuba, Abuja The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday said the 0.55 per cent Gross Domestic Product growth rate, which took the economy out of recession, was still fragile. The Governor, CBN, Mr. Godwin Emefiele, said this when he read the decision of the ...
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Nigeria
Govt begins 60-day action plan on ease of doing business
The Federal Government will on October 2 begin another 60 days action plan on the ease of doing business in the country. Minister of Industry, Trade and Investment Okechukwu Enelamah, stated this at the end pf an expanded Presidential Enabling Business Environment Council (PEBEC) meeting at the Presidential Villa in ...
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Nigeria
Forex: Playing by the rules
The improvement in the supply of foreign exchange to the domestic economy demands that banks and other stakeholders comply with set rules. The improvement in inflation figures, even though pundits believe that the September figure will rise, and the Investors’ & Exporters’ (I&E) FX Window turnover of $11.3 billion, are ...
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Egitto USA
Global Economic Recession: Lessons From The Egypt Experience
Egypt is never a commonplace nation amongst comity of nations. Located in Africa, it has one of the longest histories of any modern country, emerging as one of the world’s first nation states in the tenth millennium BC. Egypt’s economy depends mainly on tourism, Suez Canal, media, natural gas, and ...
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Myanmar
High Court to hide its decision on Israel arms sales to Myanmar
The debate at Tuesday’s hearing centered on whether the court had the authority to intervene in the area of arms sales – usually regarded as a national security and foreign affairs issue.
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Colombia Argentina Guatemala Nicaragua
ATP: Impacto económico del ‘Black Weekend’ fue de $90 millones
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Etiopia
Ethiopia launches 15-year National Adaptation Plan to address climate change
Source: Government of Ethiopia Country: EthiopiaThe plan, which will cost about $6 billion annually, focuses on agriculture, forestry, health, transport, power, industry, water, and urban sectors that are identified as most vulnerable.Addis Ababa - September 25, 2017 - Ethiopia has launched a fifteen-year National Adaptation Plan (NAP-ETH) that will cost about ...