Category: Foreign

Americans To get $1,200 Each As Trump Signs Historic $2.2tri Financial Stimulus Bill
March 28, 2020 No Responses

Americans To get $1,200 Each As Trump Signs Historic $2.2tri Financial Stimulus Bill

President Donald Trump on Friday signed the $2.2 trillion (N827 trillion) financial stimulus package to cushion the economic impact of the coronavirus pandemic in the United States. This came hours after the country’s House of Representatives approved the bipartisan bill,...
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Coronavirus: Emirates Airline Asks Staff To Proceed On One Month Unpaid Leave
March 3, 2020 No Responses

Coronavirus: Emirates Airline Asks Staff To Proceed On One Month Unpaid Leave

Major international airline, Emirates, is asking staff to take unpaid leave for up to a month at a time due to the rapidly spreading coronavirus that has led to flight cancellations around the world.Emirates has cancelled flights to Iran, Bahrain...
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Court Bars Hospitals From Demanding Compulsory Blood Donations From Pregnant Women
March 2, 2020 No Responses

Court Bars Hospitals From Demanding Compulsory Blood Donations From Pregnant Women

An Ikeja High Court has ordered government hospitals in Lagos State to stop demanding compulsory blood donations from women seeking antenatal and maternity services.Justice Raliat Adebiyi, in the judgment delivered on Monday, also restrained government hospita...
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Gambling Affiliates Lose 70% In Stock Market Value
February 24, 2020 No Responses

Gambling Affiliates Lose 70% In Stock Market Value

Data gathered and calculated by GoldenCasinoNews.com indicates that the top five gambling affiliate companies have lost 70% in stock market value over the last two years.The affected affiliates include Gaming Innovation Group, whose value has declined by -87.7...
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Kia Reveals Next-Generation Sorento
February 17, 2020 No Responses

Kia Reveals Next-Generation Sorento

Ahead of its first public appearance at the 2020 Geneva International Motor Show, Kia Motors Corporation on Monday revealed the first official images of the new Kia Sorento  .The concept of ‘refined boldness’ inspired Kia’s designers, who sought to ...
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Dubai Airport Records 3.1 Per Cent Decline In Passenger Traffic
February 5, 2020 No Responses

Dubai Airport Records 3.1 Per Cent Decline In Passenger Traffic

Dubai International Airport on Wednesday said it recorded a 3.1 per cent decline in its 2019 passenger traffic.The airport blamed the decline on a temporary closure of one of its runways and the grounding of the Boeing 737 Max aircraft.The...
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Shipowners Seek Fluidity Of Trade Despite Brexit
February 3, 2020 No Responses

Shipowners Seek Fluidity Of Trade Despite Brexit

As the United Kingdom stopped being a member of the European Union on January 31, 2020, European shipowners have called on both UK and EU regulators to continue their close alignment when it comes to shipping issues.The European shipowners emphasized...
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Exxon Mobil Secures $332m Mediterranean deal
January 29, 2020 No Responses

Exxon Mobil Secures $332m Mediterranean deal

Egypt has signed two deals with Exxon Mobil Corporation  for oil and gas exploration in the Mediterranean, the petroleum ministry has said.The deals involve a minimum investment of $332 million, the ministry said in a statement. Exxon Mobil announced the....
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Union Bank To Divest From UK Subsidiary
January 28, 2020 No Responses

Union Bank To Divest From UK Subsidiary

Union Bank of Nigeria Plc has entered a share sale and purchase agreement to divest its 100% equity stake in Union Bank UK Plc. (UBUK).The Bank explained on Tuesday that the development is aligned with Union Bank’s strategy to geographically...
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NYK, Toyota, Others Seal Partnership On First Dedicated RoRo Terminal In Egypt
January 28, 2020 No Responses

NYK, Toyota, Others Seal Partnership On First Dedicated RoRo Terminal In Egypt

Japanese shipping company, Nippon Yusen Kabushiki Kaisha (NYK) will participate in a consortium that would set up and operate a dedicated automotive terminal at East Port in Egypt.On December 19, 2019, NYK and its partners Bolloré Africa Logistics and Toyota....
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Opinion: Extreme Events Are Reversing Development Goals
January 10, 2020 No Responses

Opinion: Extreme Events Are Reversing Development Goals

By Patricia Scotland, Commonwealth Secretary-General Cyclones in the Caribbean and Pacific, devastating bushfires in Australia, recurrent floods and droughts in Asia and Africa, increasingly bring tragic loss of life to our nations and communities, inflicting ...
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IPO: Saudi Aramco Raises $25.6b
December 6, 2019 No Responses

IPO: Saudi Aramco Raises $25.6b

State-owned oil giant Saudi Aramco has raised a record $25.6bn (£19.4bn) in its initial public offering (IPO)  in Riyadh. The share sale was the biggest ever, surpassing that of China’s Alibaba which raised $25bn in 2014 in New York. Aramco...
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Emirates Sets Aside $16b For 50 Airbus A350 Planes
November 18, 2019 No Responses

Emirates Sets Aside $16b For 50 Airbus A350 Planes

The Dubai-based Emirates Airline has ordered 50 Airbus A350 planes worth a total of 16 billion dollars.The company ordered an additional 20 jets during the Dubai Air Show, in addition to the 30 A350s that were announced earlier in the...
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Zimbabwe Suspends Importation Of Live Animals From South Africa
November 9, 2019 No Responses

Zimbabwe Suspends Importation Of Live Animals From South Africa

The Zimbabwe Government on Friday suspended the importation of live cloven hoofed animals and related products from South Africa with immediate effect following an outbreak of Foot and Mouth Disease (FMD). This is according to a statement issued on Friday...
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