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Nigeria maintains China top trade partner as trade volume improves

Nigeria maintains China top trade partner as trade volume improves

The Consul-General, Republic of China in Lagos, Chao Xiaoliang has assured that bilateral relations between Nigeria and China would continue to improve with more understandings of Chinese business communities in Lagos of Nigerian Customs policies.
The post Nigeria maintains China top trade partner as trade volume improves appeared first on Vanguard News. …

Bears drag NSE index down 0.3%

Bears drag NSE index down 0.3%

The negative performance of the Nigerian Stock Exchange, NSE on Monday  dragged the NSE All Share Index (ASI) by 0.3% to close at 37,266.86 points while  Year to Date, YtD loss worsened to 2.6%.
The post Bears drag NSE index down 0.3% appeared first on Vanguard News. …

BoI secures $750mn Afreximbank loan at single digits for MSMEs

BoI secures $750mn Afreximbank loan at single digits for MSMEs

The $750 million (N250 billion) syndicated loan facility which the Bank of Industry (BoI) received from the African Export-Import Bank (Afreximbank) will be disbursed to Micro, Small and Medium Enterprises at single digit interest rate. Managing Director, Bank of Industry, Mr Olukayode Pitan made this disclosure on the last day of the Afreximbank 25th AnniversaryRead More
The post BoI secures $750mn Afreximbank loan at single digits for MSMEs appeared first on The Nation Nigeria. …

BREAKING: IMF warns trade tensions could disrupt global growth

BREAKING: IMF warns trade tensions could disrupt global growth

The global economy is still expected to grow at a solid pace this year, but worsening trade confrontations pose serious risks to the outlook, the International Monetary Fund said Monday. The IMF’s updated World Economic Outlook forecast global growth of 3.9 percent this year and next, despite sharp downgrades to estimates for Germany, France and […] …

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