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Nigeria
18 senators under probe for alleged N367.5b fraud
Seven lawmakers on trial for ‘money laundering’ Eighteen senators are under investigation by the Economic and Financial Crimes Commission (EFCC) for alleged N367.5billion fraud, it was learnt yesterday. Seven are on trial. Some of the cases date back to 10 years. A senator is being investigated for alleged stamp duty ...
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Nigeria
Calabar fire death toll now 11
•NPA condoles with families, Cross River govt •NEPZA donates N2m for treatment of Calabar tank farm fire incident victims The death in the fire at the Linc Oil and Gas tank farm in the Calabar free trade zone facility on Sunday is now 11. Commissioner of Police Hafiz Inuwa, on ...
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Nigeria
CBN pumps in $195m more to boost forex supply
The Central Bank of Nigeria (CBN) yesterday supplied $195 million to stabilise the inter-bank Foreign Exchange Market. CBN spokesman Isaac Okorafor said $100 million was offered through the wholesale segment. Small and Medium Enterprises (SMEs) segment received $50 million. Tuition fees, medical payments and Basic Travel Allowance (BTA), among others, ...
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Nigeria
Osinbajo pledges tax relief to investors in creative arts
Acting President Yemi Osinbajo has pledged to grant tax relief for willing investors in the creative sector of the economy. The decision, he said, is to boost investor confidence in the industry and grow the Gross Domestic Product (GDP) from 1.42 per cent to five per cent. Prof Osinbajo gave ...
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Nigeria
Issues As Nigeria Prepares For First Sovereign Green Bonds
As Nigeria prepares to issue the first Sovereign Green Bonds by this third quarter, CHIKA OKEKE examines several inter-agency collaboration, benefits of the bonds and how it would green Nigerian economy. Prior to Nigeria’s participation at the 22nd session of the Conference of the Parties (COP 22) to the United ...
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Paesi Bassi
Delft heeft primeur van ‘meedenkend’ stoplicht
Dat de automobilist in Delft straks altijd groen licht krijgt, is geen garantie. Maar de stad heeft wel als eerste in Nederland drie drukke kruispunten, die worden geregeld door ‘meedenkende’ stoplichten. Dankzij software van Siemens.
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Paesi Bassi
Van Ginkel: Dit jaar moet het anders bij PSV
Marco van Ginkel is weer PSV’er. De 24-jarige middenvelder moet een van de bepalende gezichten worden in Eindhoven. ,,Ik weet dat er nu meer van mij verwacht wordt.’’
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Messico
Multa a General Motors de México por vender autos sin certificado ambiental
Durante una inspección en octubre de 2016, se pudo constatar que entre septiembre de 2015 y julio de 2016, la empresa importó y vendió 96 vehículos sin los dos certificados de la norma ambiental mexicana.
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Nuova Zelanda
Wellington Tenths Trust wins interim freezing order case against Lorraine Skiffington
The former partner of convicted fraudster Sir Ngatata Love has had her assets frozen pending a decision on a multimillion-dollar claim against her.
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Kenya
Business News: Chinese firm gets Sh13.5 billion power line tender
Isiolo-Garissa line expected to stabilise supply and end reliance on thermal generators.