Friday, 14 September 2018

Nigeria’s external debt rises by $11.77bn in three years


Sep 4 at 7:00 PM
DOMESTIC
Nigeria’s external debt rises by $11.77bn in three years
Nigeria’s external debt commitment rose by $11.77bn in the last three years, investigation has shown....
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Minister of State for Petroleum Resources, Dr Ibe Kachikwu, weekend, said China has an edge over the US and UK in Africa because it was providing what Africa needed. ..
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External reserves drop by $1.2bn
The nation’s foreign exchange reserves fell by $1.2bn in one month, latest data from the Central Bank of Nigeria showed on Monday...
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China announces fresh $60bn for Nigeria, other African countries
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INTERNATIONAL
Asian shares hit by trade friction, emerging market tumult;dollar up
Asian shares fell and the dollar turned higher on Tuesday as the trade dispute between the United States and China threatened to escalate this week, and...
Japan PM Abe says will raise sales tax 'by all means': Nikkei
Japanese Prime Minister Shinzo Abe vowed to proceed with next year’s scheduled sales tax hike “by all means” and take steps to ease an expected hit to consumption...
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Saudi private-sector growth in August is fastest this year: PMI
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Japan finmin seeks record 2019 budget to boost welfare, defense spending
Japanese Finance Minister Taro Aso said on Tuesday initial budget requests for fiscal 2019 would likely reach a record high around 102 trillion yen ($918 billion), given...
U.S. oil prices rise as Gulf oil rigs evacuated ahead of hurricane
U.S. oil prices rose on Tuesday, breaking past $70 per barrel, after two Gulf of Mexico oil platforms were evacuated in preparation for a hurricane....
China says it is helping Africa develop, not pile up debt
China is helping Africa achieve development, not accumulate debt, a top Chinese official said on Tuesday, as the government pushes back against criticism...
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