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Nigeria
N’Assembly, Adeosun, 58 others meet on 2017 budget Monday
John Ameh, Abuja Senators and members of the House of Representatives are engaging the Minister of Finance, Mrs. Kemi Adeosun; the Minister of Budget and National Planning, Udoma Udo-Udoma; and 57 other officials and agencies on the 2017 budget on Monday (today) to open up the budgeting process. Among the ...
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Nigeria
External reserves rise by 20% in three months
Oyetunji Abioye The nation’s external reserves have risen by $4.7bn or 20 per cent in the past three months, according to the latest data from the Central Bank of Nigeria. Statistics on the CBN website on Sunday revealed that the foreign exchange reserves increased from $24.0bn on November 9, 2016 ...
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Nigeria
NCDMB votes $100m for contractor finance, others
The Nigerian Content Development Monitoring Board (NCDMB) is to set aside $100 million for Project Finance, Asset Acquisition & Contractor Finance under its Nigerian Content Intervention Fund (NCIF). NCDMB’s General Manager, Finance and Accounts, Obinna Ofili, who stated this, however, did not give details of how the Contractor Finance fund ...
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Nigeria
NPFL: Akwa United Stop Plateau Unbeaten Run, Tornadoes, El Kanemi Win
The unbeaten run of Plateau United in the Nigeria Professional Football League (NPFL) ended on Sunday in Uyo as they fell 1-2 to Akwa United though they retained top spot on the table. Akwa United showed they meant business as early as the sixth minute when former Enyimba man, Christian ...
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Nigeria
Insurers Back Bill To Raise Additional N240bn From Motor Policy
Operators in Nigeria’s insurance industry have expressed their support for the ongoing plans to quadruple the country’s third party motor insurance policy from the current N5,000 premium per annum to N20,000. According to LEADERSHIP findings, a bill to increase the insurance premium from N5,000 to N20,000 sponsored by Senator Umaru ...
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Nigeria
Aregbesola, Sultan, Others Pray For Nigeria, President Buhari In Osun
Muslims all over the country led by the Sultan of Sokoto, His Eminence, Alhaji Sa’ad Abubakar III, gathered in Osogbo, Osun State capital on Sunday to organize a special prayer for the nation. The congregation also extended the prayers to President Muhammadu Buhari. Governor Rauf Aregbesola at the event observed ...
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Costa Rica
Costa Rica busca colocarse en mapa logístico mundial con puerto de transbordo
El megapuerto, que se ubicará en la provincia de Limón, es una iniciativa privada del consorcio internacional AMEGA y ya cuenta con los permisos del Gobierno para elaborar una propuesta para concesión que incluye los estudios de factibilidad técnica, ambiental y financiera.
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Turchia
Turkey’s treasury to pave way for int’l investors to issue FX securities
Turkey’s treasury is set to pave the way for foreign investors to issue foreign exchange-based securities as part of the Istanbul Finance Center project, in a move to attract more foreign investors into the country’s capital markets, a top economy official has announced.
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USA
Trump good for US economy for now: IMF chief
DUBAI - The managing director of the International Monetary Fund said Sunday that US President Donald Trump taking office is likely good for the American economy in the short term, though rising interest rates and a strengthening dollar will challenge global trade.
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Giappone
Business: JICA to train businesses on investment best practices
Africa Finance and Investment Forum (AFIF) 2017 will partner with the Japan International Cooperation Agency (JICA) to train entrepreneurs on preparing business plans.