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Nigeria
‘WACOT Rice To Complete Expansion Of 120,000-ton Mill In 15 Months’
WACOT Rice Nigeria Limited, a subsidiary of Tropical General Investments (TGI) Group, has disclosed that the ongoing expansion of its 120,000-ton rice mill in Argungu, Kebbi State, would be completed in the next 15 months. Chairman of WACOT Rice, Alhaji Farouk Gumel, disclosed this during a visit to update the ...
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Nigeria
Shelter Afrique Issuing N250bn Housing Bond
Shelter Afrique, a pan-African housing development finance institution, says it will be issuing a N250 billion bond aimed at supporting large-scale, affordable housing schemes in Nigeria, Africa’s largest economy. Andrew Chimphondah, the institution’s GMD/CEO, who said this when he was host at the Channels TV, disclosed that the institution would ...
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Nigeria
Leveraging On Shoe Making Business
Statista 2021 report revealed that revenue in the footwear segment in Nigeria is projected to reach $454 million in 2022, adding that this revenue is expected to show an annual growth rate (CAGR 2022-2025) of 3.00 per cent, resulting in a projected market volume of $496 million by 2025. Hence, ...
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Turchia Cipro
Turkey criticizes UN for not taking consent of Turkish Cyprus on mission extention
Despite all calls and warnings, the consent of the Turkish Cypriot authorities was not sought once again, contrary to the United Nations rules and principles, while the U.N. Security Council extended the mandate of the U.N. Peacekeeping Force in the Island of Cyprus (UNFICYP) for six months with its resolution ...
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Turchia Azerbaigian Iran
Azerbaijan to boost natural gas exports to Turkey
The Azerbaijani state oil company, SOCAR, has agreed to import additional amounts of natural gas to Turkey amid a cut in the flow from Iran, a senior official of the company has said.
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Cina
Opaque governance has investors eyeing other data to see if China housing clampdown is easing
Money managers are looking at indicators such as sales data, household loans, bond sales and equity placements for a more detailed picture of developers’ funding ...
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Giappone
COVID-19 pandemic unlikely to have ‘scarring’ effects on Japan economy, IMF says
While the current surge of the omicron variant could slow growth momentum in the first quarter of 2022, a "strong rebound" is expected in the ...
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Cina Hong Kong
Hong Kong’s economic gains face swift reversal on omicron threat
Business leaders have expressed increasing frustration with travel rules, warning of the damage to Hong Kong’s status as an international financial hub.
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Brasile
Caixa paga Auxílio Brasil a cadastrados com NIS final 9
A Caixa paga nesta sexta-feira (28) o Auxílio Brasil a beneficiários com Número de Inscrição Social (NIS) final 9. O valor mínimo do benefício é R$ 400. As datas seguirão o modelo do Bolsa Família, que pagava os beneficiários nos dez últimos dias úteis do mês. Em janeiro, 3 milhões de famílias foram ...
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Brasile
CMN simplifica abertura de contas em dólares por governos locais
Órgãos e empresas estatais dos estados, do Distrito Federal e dos municípios poderão abrir contas em moeda estrangeira para receberem empréstimos de organismos internacionais, decidiu hoje (27) o Conselho Monetário Nacional (CMN). A resolução entra em vigor imediatamente. Segundo o Banco Central (BC), a medida tornará mais eficiente o processo de autorização de ...