International Archives — Page 51 of 58

October 14, 2016 No Responses

WFE explains growing liquidity in emerging market exchanges

The World Federation of Exchanges (“WFE”), on Thursday published a report into growing liquidity in emerging market exchanges, in collaboration with global management consulting firm Oliver Wyman. The report, entitled Enhancing Liquidity in Emerging Market Exchanges, is designed to provide...

October 14, 2016 No Responses

Ghana begins expansion of Tema Port

Construction works on the USD 1.5 billion Tema Port expansion have begun, Ghana Ports and Harbours Authority (GPHA) informed. Scheduled to be completed by the fourth quarter of 2019, the project will result in four deep-water berths, a new breakwater and...

October 13, 2016 No Responses

UBA profit hits N62 Billion in nine months

Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc (UBA), has announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-...

October 10, 2016 No Responses

Pope Francis names 17 new cardinals

Pope Francis on Sunday named 17 new cardinals, including three Americans, adding prelates from developing countries to give them a greater voice in selecting the next pope. Francis’ American appointments elevate moderates in the church hierarchy, bypassing...

October 8, 2016 No Responses

Kia brand value hits $6.3 Billion

The global value of the Kia Motors brand has grown by 12% over the last year, according to Interbrand’s exclusive list of the 100 ‘Best Global Brands’. According to the 2016 study, Kia has risen five spots to become...

October 8, 2016 No Responses

Ecobank renews partnership with Global Fund

Ecobank Transnational Incorporated has renewed its partnership with the Global Fund to Fight AIDS, Tuberculosis and Malaria for a further three years. Ecobank in a statement on Friday explained that the relationship between the two organisations began...

October 8, 2016 No Responses

FirstBank partners NESG on 22nd economic summit

Inline with commitment to drive financial inclusion and sustainable national economic development, First Bank of Nigeria Limited and FBN Merchant Bank Limited have partnered the Nigerian Economic Summit Group to host the 22nd Nigerian Economic Summit (NES#22) ...

October 8, 2016 No Responses

Minister seeks implementation of bilateral pacts in culture

The Minister of Information and Culture, Alhaji Lai Mohammed, has stressed the need to actualize all the bilateral agreements betweenNigeria and other countries, particularly in the cultural sector, so as to derive the maximum benefits that the sector offers...

October 5, 2016 No Responses

‘Partnership with Tony Elumelu Foundation will lift creative industries’

The partnership between the Federal Ministry of Information and Culture and the Tony Elumelu Foundation will help to re-position the Creative Industries in Nigeria, the Minister of Information and Culture, Alhaji Lai Mohammed, has said. Speaking at a cere...

October 3, 2016 No Responses

South Korea votes $13B for Port Expansions

South Korea has revealed its plans to invest some KRW 14.7 trillion (USD 13.3 billion) into the expansion of the country’s ports, according to data released by South Korea’s Ministry of Oceans and Fisheries (MOF). The investment, scheduled to be undertak...

October 3, 2016 No Responses

‘How to boost growth, decent work in BRICS countries’

The International Labour Organisation (ILO) Director-General, Guy Ryder, has welcomed the Joint Declaration issued by the BRICS’s Labour and Employment Ministers at the end of their second summit in New Delhi. Addressing participants at the second day of ...

October 3, 2016 No Responses

Quadri exits ITTF World Cup

The dream of another superlative performance on German soil for Africa’s flagbearer, Aruna Quadri was shattered on Saturday at the 2016 ITTF World Cup holding in Saarbrucken, Germany as the Nigerian failed to progress to the second round of the championship...

October 1, 2016 No Responses

Volkswagen to pay $1.21B claims to 652 customers

(Reuters) Volkswagen AG confirmed late Friday it will make $1.21 billion in payments to 652 U.S. brand dealers as part of a $16.5 billion diesel emissions settlement. VW dealers will receive an average of $1.85 million each on average over...

September 30, 2016 No Responses

Buhari mourns Peres, ex-Israeli President

President Muhammadu Buhari has extended condolences to the government and people of the State of Israel over the death of former President and Prime Minister, Shimon Peres. Buhari, in a statement by the Special Adviser on Media and Publicity, Femi...