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IMF’s Lagarde: Global trade marked by lack of trust

A brewing international trade war has the potential to derail unprecedented growth in the global economy, according to Christine Lagarde, managing director of the International Monetary Fund. “I’m overall a bit disappointed with the evolution of trade, the trade framework around the world,” Lagarde told FOX Business’ Liz Claman during …

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How to Make Business Easier Among Commonwealth Countries – Buhari

Nigeria’s President Muhammadu Buhari says Commonwealth countries can improve business within the group and generate resources for sustainable development by facilitating trade and investment in their individual countries. The president gave the advice in his keynote address at the Commonwealth Business Forum in London on Wednesday. Mr Buhari spoke on …

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French Firm To Operate Lekki Port’s Container Terminal

Lekki Port LFTZ Enterprise (LPLE), the promoters of Lekki Deep Seaport has signed a Memorandum of Understanding with aFrench container shipping giantCMA CGM Group, to operate the future container terminal of the seaport.   President Muhammadu Buhari had last month ago flagged-off the construction of the $1.5 billion Lekki Deep …

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Dangote Cement, Oando, others buoy NSE’s indices by N36 billion

Following price gains recorded by major highly capitalized stocks, especially Dangote cement and Oando, transactions on the stock market closed in an upbeat yesterday, as market capitalisation increased by N36 billion.   Specifically, at the close of trading yesterday, the All Share Index (ASI) gained 101.83 absolute points, representing a …

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How to Make Business Easier Among Commonwealth Countries – Buhari

Nigeria’s President Muhammadu Buhari says Commonwealth countries can improve business within the group and generate resources for sustainable development by facilitating trade and investment in their individual countries. The president gave the advice in his keynote address at the Commonwealth Business Forum in London on Wednesday. Mr Buhari spoke on …

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Shell to Invest U.S.$15 Billion in Nigeria, Buhari Says

The Shell Group is preparing to invest $15bn in Nigeria, President Muhammadu Buhari said yesterday. The president disclosed this at the Commonwealth Business Forum at Guildhall, London, where he also canvassed for a healthier business relationship among Commonwealth nations. “Before I came here (Commonwealth Business Forum), the Shell group came …

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Dangote Cement, Unilever, Others Lead Stock Market N14b Loss

Following price losses suffered by most blue-chip companies, especially Dangote Cement and Unilever Nigeria Plc, transactions on the Nigerian Stock Exchange (NSE) was on a downturn yesterday, as market capitalisation dipped by N14 billion.   Yesterday, the All-Share Index which measures the performance of listed equities depreciated by 37.76 points …

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