China Merchants Bank profit hits 23% in 2021
China Merchants Bank, one of the largest lenders in China, posted net profit growth of 23.2 per cent in 2021....
Foreign
China’s benchmark interbank gold prices higher
China’s benchmark prices for spot interbank gold transactions were higher Monday, according to the China Foreign Exchange Trade System. The...
France freezes €850m of Russian assets
France has frozen and seized assets of Russian oligarchs to the tune of around 850 million euros (938 million dollars)....
Afreximbank agrees to raise $207m facility with NEXI
African Export-Import Bank (Afreximbank) has announced the finalisation of a 207 million dollars facility granted by Nippon Export and Investment...
Nigeria commits to attracting more investors in power sector
The Minister of Power, Mr Abubakar Aliyu has retirated the Federal Government’s willingness to welcome more investors in the power...
Ambassador inaugurates committee for Nigeria-Ireland trade summit
The Ambassador of Nigeria to Ireland, Mrs Ijeoma Obiezu, has inaugurated the Local Organising Committee (LOC) for the forthcoming Nigeria-Ireland...
South Africa backs African currency
South Africa is in full support of establishing a single African currency backed by the continental central bank and monetary...
South Africa in search of foreign investors
South Africa is in frantic search of foreign investors to boost its economy exposed to turbulences caused by two years...
Profit forecasts show resilience, vitality of Shenzhen-listed firms
Companies listed on the Shenzhen Stock Exchange demonstrated strong resilience and vitality in 2021, according to their performance estimates. The...
World Bank disburses N35.3bn intervention funds to 36 states
The World Bank says it has disbursed the sum of N35.3 billion to all the 36 states of the federation...
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