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Cina
‘Hidden debt’ on China’s Belt and Road tops $385bn, says new study
More than 40 countries have debt exposure to Beijing greater than 10% of their GDP
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Nigeria
Opportunities Abound In Nigeria’s Tourism Industry – Adesanmi
The managing director of DubaiAfrika, a Nigerian luxury tourism & lifestyle brand, Tolu Adesanmi, in this interview with LEADERSHIP explains the opportunities available in Nigeria’s tourism industry and investors can take advantage of them. What are the business opportunities embedded in the Nigeria’s tourism industry? The tourism industry is very ...
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Nigeria
Nigeria Loses $190bn Annually To Exportation Of Raw Cocoa – NEXIM MD
The managing director of the Nigeria Export-Import Bank (NEXIM), Mr. Abba Bello, has disclosed that Nigeria loses up to $190 billion to the exportation of raw cocoa on yearly basis. Bello said Nigeria is supposed to make $200 billion annually if the country has been exporting processed cocoa out of ...
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Nigeria
Fish Out Killers Of Police Officer In Lagos, Sanwo-Olu Tells CP
Lagos State Governor, Babajide Sanwo-Olu has ordered the Commissioner of Police, Hakeem Odumosu, to fish out the killers of Kazeem Abonde, a Chief Superintendent of Police. The governor in a statement he personally signed said the government of Lagos State has noted with deep concern attacks on law enforcement agents ...
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Nigeria
Education: Nigeria, Ukraine Meet On Bilateral Relationship
In a bid to boost the nation’s educational system through foreign educational institutions, the Nigerian and Ukrainian governments met in Abuja to discuss modalities of developing bilateral relationship between both countries. The federal ministry of Education scheduled the expert meeting with the Ukrainian counterparts and heads of prominent universities to ...
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Giappone
Japan To Lift State Of Emergency As Infections Drop
Japan is set to lift the coronavirus state of emergency this week for the first time in more than six months, in a bid to reactivate its economy as infections slow. Japanese Prime Minister Yoshihide Suga said yesterday his government had decided to lift the coronavirus emergency measures in all ...
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USA
[EDITORIAL] Value Of The Naira And BDCs’ Blackmail
Media reports, as at the time of writing this editorial, indicate that the nation’s currency, the Naira, exchanged at N573 to one United States of America dollar. For most Nigerians, that is disheartening in the sense that, for a country that is overwhelmingly import dependent, the effect on the economy ...
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Nigeria
Nigeria Loses $20.4m Annually To NPA’s Retrogressive Towage Charges
Nigerian economy is losing a whopping $20.4million (N10 billion) annually to towage charges carried out on vessels visiting the nation’s seaports. LEADERSHIP recalls that vessels towage is an act by which one vessel, known as the tug, supplies power in order to draw another vessel. According to the National Bureau ...
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Brasile USA Paraguay
OAS and Paraguay agree to send observation mission for upcoming municipal elections
RIO DE JANEIRO, BRAZIL – The Organization of American States (OAS) will send an electoral mission to Paraguay to observe the municipal elections of October 10. More than four million Paraguayans are summoned, informed this Tuesday by the Foreign Ministry. The mission responds to the initiative of the Paraguayan Government, ...
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Brasile Ecuador
Chinese-built Coca Codo Sinclair mega-dam in Ecuador continues to generate millionaire losses
RIO DE JANEIRO, BRAZIL - Coca Codo Sinclair, the huge Chinese-built dam and hydroelectric power plant in Ecuador, is still generating economic losses and threatening the Andean country's electricity supply. According to former president Rafael Correa's (2007-2017) government's plans, which promoted the project built by Chinese Sinohydro, the plant was ...