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Nigeria
Compulsory insurance’ll enhance safety of cities – LCCI
Nike Popoola The Chairman Insurance Group, Lagos Chamber of Commerce and Industry, Mr. Gboyega Olanbiwoninu, has said that full implementation of the compulsory insurance policies will boost the safety of cities. He said this during an insurance stakeholders’ forum organised by the LCCI Insurance Group in Lagos. A statement from ...
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Nigeria
Sukkuk is stealth jihad, Christian leaders insist
Adelani Adepegba, Abuja The National Christian Elders Forum has described the Sukkuk bond as illegal, unconstitutional and a stealthy way of Islamising the country. The NCEF Chairman, Chief Solomon Asemota, in a statement on Sunday explained that proponents of the Sharia-compliant finance often conveyed the false impression that Sukkuk is an ...
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Nigeria
‘Amend rent law, regulate agency fees’
Sesan Olufowobi A lawyer, Mr. Kabir Akingbolu, has called on the Lagos State Governor, Akinwunmi Ambode, to initiate the process of amending the Lagos State Rent Control Law to regulate fees chargeable by property agents as commissions. Akingbolu, in a letter to the governor, which he made available to journalists ...
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Nigeria
SPE: Nigeria spends over $10m daily on fuel import
ABOUT $10 million (about N3.6 billion) is spent on petroleum products import daily, the Society of Petroleum Engineers (SPE) has said In the Organisation of Petroleum Exporting Countries (OPEC), Nigeria is the sixth largest producer of crude oil but depends on refined product imports to oil the engine of the ...
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Nigeria
Merger: World’s largest brewer to increase Nigerian equity stake to 75.1%
The world’s largest brewer Anheuser-Busch InBev will increase its majority equity stake in its Nigerian main business, International Breweries Plc, to 75.1 per cent. This will happen after ongoing consolidation of its businesses in the country into a single entity. Anheuser-Busch InBev has already received the regulatory approvals from the ...
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Nigeria
Financing Nigeria’s $3trn Infrastructure Deficit
As Nigeria strives to rebuild its economy, experts have continued to hammer on the need for building infrastructure that would trigger business growth and the development of the country.However a critical part of building infrastructure in Nigeria that has always been a challenge is financing. BUKOLA IDOWU, OLUSHOLA BELLO and ...
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Israele
Israel's TAT Technologies wins contract for $40 million from unnamed foreign airline
Business in Brief | Elsztain moves forward with plan to buy IDB’s Discount Investments stake ■ ReWalk shares on plans for $15 million share offering ■ Fox-Wizel brings in Reshet Network as partner for new Terminal-X ecommerce site ■ Tel Aviv shares start new Jewish year lower
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USA
UN Migration Agency assists newly displaced from Hawija operations
Source: International Organization for Migration Country: IraqUpon arrival, families are assigned a tent and given two kits: a Rapid Response Mechanism kit from a local NGO; and an NFI kit from IOM. A doctor is also present to identify health needs.Military operations to retake Hawija district and surrounding areas, which began ...
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USA
Somalia launches Post Disaster Needs Assessment and Resilience Framework to analyze the recurrent impact of drought
Source: UN Development Programme Country: SomaliaThe assessment and framework will be a vital first step in enabling Somalia to transition from humanitarian intervention towards sustainable recovery and disaster preparedness.Mogadishu, September 19, 2017. At a meeting in Mogadishu on Monday the Federal Government of Somalia launched a Post Disaster Needs Assessment (PDNA), ...
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Corea del Sud
Bertens grijpt in Seoul achtste WTA-titel in het dubbelspel
Kiki Bertens heeft alweer haar achtste WTA-titel in het dubbelspel binnengesleept. De Wateringse was in Seoul met haar partner Johanna Larsson te sterk voor het Thaise duo Luksika Kumkhum en Peangtarn Plipuech.