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FMDQ Securities Exchange admits ₦10bn Transcorp Hotels bond on its platform

(NAN/SENS, Lagos) FMDQ OTC Securities Exchange (FMDQ) on Monday the 18th January 2016 listed Transcorp Hotels Plc’s N10 billion Series 17-year fixed rate unsecured N30 billion medium-term bond on its platform.

Speaking at the listing in Lagos, Ms Tumi Sekoni, FMDQ Head, Marketing & Business Development Division, said it would contribute to the growth of the Nigerian corporate bond market.

Sekoni…

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#Bond #Securities #Transcorp

China, Algeria to build $3.3b trans-shipment port

(Xinhua/SENS, Algiers) Algeria and China on Monday in Algiers signed a 3.3 billion dollar deal to build and exploit the new centre trans-shipment port of Cherchell.

The signatories to the agreement are Algeria’s Transport Ministry, China Harbour Engineering Company (CHEC) and China State Construction Engineering Corporation (CSCEC).

Boudjemaa Talai, Algerian Transport Minister, said under the…

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#Algeria #China #Trans-shipment

58,000 Nigerian infants infected with HIV yearly - NGO

58,000 Nigerian infants infected with HIV yearly – NGO

(NAN/SENS, Abuja) Mr Jamie Drummond, Executive Director ONE, an NGO, said that about 58,000 Nigerian infants were being infected with preventable and treatable diseases, including HIV, from their mothers yearly.

Drummond said this on Monday in an interview with the News Agency of Nigeria (NAN) in Abuja. He noted that many maternal and child mortality occurred in the country resulting from lack of…

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#Drummond #HIV #Infant Mortality

FG, diplomatic corps meet on solving humanitarian crises in North-East

(NAN/SENS, Abuja) A Federal Government delegation, led by Vice President Yemi Osinbajo and members of the diplomatic corps met at the State House on Monday to harmonise steps to address the humanitarian challenges in the North-East.

The U.S. Ambassador to Nigeria, Mr James Entwistle, told State House Correspondents that the meeting was held to enable the Nigerian government and the diplomatic…

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#Boko Haram #Diplomatic #Presidency

A world divided: Elites descend on Swiss Alps amid rising inequality

(Reuters/SENS, Davos) Politicians and business leaders gathering in the Swiss Alps this week face an increasingly divided world, with the poor falling further behind the super-rich and political fissures in the United States, Europe and the Middle East running deeper than at any time in decades.

Just 62 people, 53 of them men, own as much wealth as the poorest half of the entire world population…

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#Forum #Inequality #WEF

Xi Asserts China's Middle East Role as Iran Sanctions Lifted

Xi Asserts China’s Middle East Role as Iran Sanctions Lifted

(Bloomberg/SENS) President Xi Jinping will wade into the feud between Iran and Saudi Arabia on Tuesday with a Middle East tour that shows a new willingness by China to flex its diplomatic clout in one of the world’s most volatile regions.

Xi’s five-day swing through Riyadh, Cairo and Tehran represents the president’s first foray into the Middle East since taking power three years ago and marks 60…

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#China #Middle East #Oil

Xi optimistic about China's economic fundamentals

Xi optimistic about China’s economic fundamentals

(Xinhua/SENS, Beijing) — Despite downward growth pressure and recent financial market volatility, President Xi Jinping on Monday said that the country’s long-term economic fundamentals remain sound.

Xi made the remarks at a symposium attended by ministers and provincial officials, adding that the new normal would be the major characteristic of the economy during the 13th Five-year Plan period…

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#Reforms #Symposium #Xi

Despite age of 'mega-crises,' UN chief says humanitarian finance gap is a 'solvable problem'

Despite age of ‘mega-crises,’ UN chief says humanitarian finance gap is a ‘solvable problem’

(SENS, Dubai) Highlighting that people around the world are living at an age of “mega-crises,” United Nations Secretary-General Ban Ki-moon today welcomed the launch of a new report on finding solutions to the growing gap between the increasing numbers of people in need of assistance and sufficient resources to provide relief.

“Globally, the world is shattering records we would never wish to…

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#Humanitarian #Istanbul #United Nations

'Renewable energy is limitless and will last forever,' says Ban at global debate

‘Renewable energy is limitless and will last forever,’ says Ban at global debate

(SENS, Abu Dhabi) Everyone involved in energy—governments, the private sector, investors and financial institutions, cities, and people everywhere–has understood that we can no longer burn our way to global prosperity, United Nations Secretary-General Ban Ki-moon declared today at a debate hosted by the International Renewable Energy Agency (IRENA) and the Financial Times.

“We all know that…

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#Governments #Renewable Energy #SDG

UN Security Council removes Iranian bank from sanctions list

(SENS, New York) The United Nations Security Council announced today that it has removed Iranian Bank Sepah and its international subsidiary from a sanctions list, following yesterday’s announcement of a UN report confirming that Iran has completed necessary preparatory steps to start the implementation of a plan of action aiming to resolve the nuclear issue.

The report was submitted to the…

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#Bank Sepah #IAEA #JCPOA

Community leaders will be held liable for attacks on oil, gas facilities - JTF

Community leaders will be held liable for attacks on oil, gas facilities – JTF

(NAN) The Joint Taskforce (JTF), Operation PULO SHIELD (OPS) has warned that community leaders would henceforth be held responsible for any attack on the country’s oil and gas facilities in their domains.

The JTF Commander, Maj.-Gen. Alani Okunlola, gave the warning on Sunday while inspecting the site of Friday’s pipeline explosion site at Egwa 11, Warri South-West Local Government Area of Delta.

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#JTF #NNS #Sabotage

NHRC chief decries neglect of more than 4,000 IDPs in Taraba

(NAN, Abuja) Prof. Bem Angwe, the Executive Secretary, National Human Rights Commission, (NHRC), has decried the neglect of no fewer than 4,723 Internally Displaced Persons (IDPs) at various locations in Taraba.

A statement issued by the commission’s Deputy Director, Protection and Investigations, Mr Lambert Oparah on Sunday in Abuja, said that Angwe made this known while on an official visit in…

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#IDP #NHRC #Taraba

Secodary school teachers in Kaduna State can rise to directorate level -- KDSG

Secodary school teachers in Kaduna State can rise to directorate level — KDSG

(NAN/SENS, Kaduna) Kaduna State Government has approved a career progression pattern that will enable teachers in the state’s secondary schools to rise to Grade Level 17 while still teaching in the classroom.

This is contained in a statement issued by Mr Samuel Aruwan, the Special Assistant to Governor Nasir el-Rufai on Media and Publicity on Sunday in Kaduna.

The statement said that professional…

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#Kaduna #Schools #Teachers

Ebonyi records first Avian Influenza case

(NAN, Abakaliki) Ebonyi has recorded its first case of Avian Influenza infection, as confirmed by the state’s Commissioner for Agriculture and Natural Resources, Mr Uchenna Orji.

Orji confirmed the virus’s detection on Sunday while interacting with newsmen who visited the affected poultry farm at Ugwuachara area of Abakaliki.

According to him, the attention of his ministry was drawn to the…

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#Avian #Ebonyi #Influenza

IDPs appeal to Christian pilgrims commission for vocational skills training

(Abuja) The Internally Displaced Persons (IDPs) at the Area 1 camp in Durumi, Abuja, have appealed to the Nigerian Christian Pilgrims Commission (NCPC) to extend its skill acquisition programme to them.

They made the call at the camp on Sunday during the inauguration of a borehole project by the commission.

The Area 1 IDPs Coordinator, Mr Halilu Ibrahim, urged the commission to look into the…

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#IDP #NCPC #PMB

Islamic State has lost over 200 settlements since Russia's intervention - General

Islamic State has lost over 200 settlements since Russia’s intervention – General

(dpa/NAN, Moscow) Russian General, Sergei Rudskoi, said on Friday that the terrorist group Islamic State has lost control of 217 settlements since Russia began military intervention in Syria.

Addressing newsmen on Friday in Moscow, Rudskoi said that more than 1,000 square kilometres of territory had been liberated from the Islamic State in the past 100 days.

He added that as a result of this,…

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#ISIS #Russia #Syria

UN human rights chief accuse Burundi security forces of sexual violence in Burundi

(NAN/SENS, New York) Zeid Al’Hussein, the High Commissioner for Human Rights, has accused Burundi security forces of sexual violence, sharp increase in enforced disappearances and torture cases.

He said on Friday in New York in a statement, that there was need for an urgent need for investigation into the events that took place in Bujumbura on Dec. 11 and Dec. 12, including the reported existence…

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#Burundi #United Nations #Violence

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