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Nigerian Tribune THE local bourse reversed prior week’s gains as the All-Share index declined by 1.10 percent week-on-week (W-o-W) to close at 67,395.74 basis points. Concomitantly, the total market capitalisation of listed equities experienced a decline of N400 billion week-on-week to close at N36.886 trillion. As the third quarter reporting season draws closer and investors…

Nigerian Tribune Nigeria and Cuba have signed a Memorandum of Understanding on food security and agriculture advancement. The signing ceremony on the sidelines of the G77+ China Leaders’ Summit, took place at the Ministry of Agriculture of Cuba in the presence of officials from both countries. According to a statement issued on Sunday by Olusola…

ZAWYA Morocco confirmed that the IMF and World Bank annual meetings scheduled to take place next month in Marrakech will go ahead as planned, despite last week’s devastating earthquake near the city, Bloomberg reported. The event will still happen from October 9 to October 15, central bank Governor Abdellatif Jouahri said Thursday at a conference…

Reuters CAIRO, Sept 17 (Reuters) – Egypt has inaugurated a newly restored Ottoman mosque, built by the 16th century governor Suleyman Pasha al-Khadim, that lies within the citadel that has dominated Cairo’s skyline for centuries. The mosque, with 22 green-tiled domes and minbar (prayer niche) inlaid with renowned Iznik tiles, is Cairo’s earliest Ottoman mosque,…

Nigerian Tribune At the recent gathering of G20 leaders in India, UK Prime Minister Rishi Sunak, announced the UK’s biggest single financial contribution of £1.62 billion ($2 billion) to the Green Climate Fund (GCF). The fund is aimed at helping the world’s most vulnerable people adapt to and mitigate the impact of climate change. Established…

Nigerian Tribune The Organisation of Petroleum Exporting Countries (OPEC) has said Nigeria’s oil output increased to 1.18 million barrels per day in August 2023. It said Nigeria fell behind Libya on the list of Africa’s largest crude oil producers despite pushing up its production by 100,000 barrels to retain the second largest oil producer. This,…