Most Recent World News

BREAKING: CBN revokes Skye Bank’s license, Changes Name To Polaris Bank

The Central Bank of Nigeria (CBN) has revoked the licence of Skye Bank Nigeria Plc. CBN Governor and the Managing Director of the Nigeria Insurance Deposit Corporation (NDIC), Godwin Emefiele,.

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Ghana, India trade hits US$3.4billion

Ghana’s trade in goods and services with India reached US$3.4billion in 2017, according to the International Trade Centre (ITC). The figure represents an export value of US$2.76 billion and imports.

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World Bank approves $60m for Ogun rural projects

The World Bank Group, through the International Bank for Reconstruction and Development, has approved $60m grant for the implementation of rural and marketing projects in Ogun State. It was learnt.

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UK pledges £2.1m to save Asian tigers and African chimpanzees

The UK’s international development secretary has announced funding to help protect Sumatran tigers and west African chimpanzees. Only about 30 tigers are left in Indonesia as their forest habitats disappear,.

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Lagos leads as Nigeria’s foreign debt hits $22bn

The country’s foreign and domestic debts stood at $22.08bn and N15.63tn, respectively at the end of the second quarter of this year, according to figures released by the National Bureau.

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NNPC Records ₦17.16bn Trading Surplus

It is clear as the Nigerian National Petroleum Corporation (NNPC) has consolidated on its operational performance with a trading surplus of ₦17.16bn in the month of April, 2018. According to.

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China Development Bank stakes US$50 bn on African projects

The China Development Bank has provided more than US$50 billion in investment and financing to about 500 projects in 43 African countries, said Liu Yong, spokesman for CDB, Xinhua news.

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Zimbabwe eyes $2bn oil seed exports

Zimbabwe is eyeing a cumulative figure of $2 billion over the next two years on growing demand of sunflower and other oil producing seeds on the international market. Demand for.

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Member States Urged to Explore Non-Traditional Sources of Financing in Central Africa

“Financing industrialization is not only about chasing money,” Antonio Pedro, Director of the ECA Subregional Office for Central Africa has said. “We need to look at the soft and hard.

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President Cyril Ramaphosa says shifting budget spending will steady economy

South African President Cyril Ramaphosa said the country’s economy would be put on a firmer footing by the re-allocation of 50 billion rand ($3.5 billion) in public spending he announced.

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