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World needs about $265b anually to eradicate poverty and hunger – IFAD

  The world needs to take urgent action to mobilise the estimated US$265 billion a year needed to achieve the first two Sustainable Development Goals to end poverty and hunger by 2030, said Kanayo F. Nwanze, President of the International Fund for Agricultural Development (IFAD) at last night’s opening of ...

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Industrial commodities prices to surge in 2017 – World Bank

The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017, due to tightening supply and strengthening demand. In its January 2017 Commodity Markets Outlook, the World Bank is holding steady its crude oil price forecast for the year at $55 per barrel, a ...

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Donald Trump’s inauguration: Hillary Clinton Appears in All White at Trump Inauguration

Arriving at the US Capitol building Friday morning for Donald Trump’s inauguration, Hillary Clinton and her husband Bill Clinton appeared somber, and the former First Lady and failed Democratic Presidential candidate was clearly dressed with her own unconditional acquiescence in mind.     Sporting a white coat over a white ...

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Donald Trump Inauguration: Protesters gather in their millions as America prepares to swear in 45th President

Donald Trump  and Wife Donald Trump today becomes the 45thPresident of the United States. Security is tight in Washington DC, with protesters smashing windows and branding signs as the billionaire businessman prepares to be sworn in at a lavish ceremony. The inauguration kicks off before noon local time (5PM GMT) ...

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Bank Chiefs Optimistic About The Future, Confident That Regulatory Pendulum Has Reached Its Apex

    Highlights Bank chiefs are confident that the regulatory pendulum has reached its apex, is starting to swing back Economic growth and reflation will increase rates and underwrite improvement in margins Efficiencies gained from digital transformation within banks will underwrite long-term recovery among US banks For more information on ...

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Tony Elumelu Leads High-Level Team to world Economic Forum in Davos

 Philanthropist and serial entrepreneur Tony O. Elumelu, CON leads a delegation of senior executives from his proprietary investment firm, Heirs Holdings, to the World Economic Forum (WEF), which begins in Davos, Switzerland today. Elumelu will join global business and political leaders during the event, bringing a message of Africa’s continued ...

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Osinbajo off to Davos, leads Nigeria delegation to World Economic Forum

Vice President Yemi Osinbajo, is leading Nigeria’s delegation to this year’s World Economic Forum holding this week in Davos, Switzerland. According to a statement from Senior Special Assistant on Media & Publicity to the Office of the Vice President, Laolu Akande, the Nigerian delegation are ministers and special advisers including ...

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UBA Sends Strong Delegation To World Economic Forum In Davos

The United Bank for Africa (UBA) will be strongly represented at the annual meeting of the World Economic Forum (WEF), which begins in Davos, Switzerland today. UBA CEO Kennedy Uzoka leads a senior executive team, at one of the most important events on the global economic calendar. The UBA delegation will interact with global business and political leaders during the event. The delegation will also include Group Head ...

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Director to Visit Cameroon on December 23, 2016

At the invitation of President Paul Biya of Cameroon, Managing Director Christine Lagarde will be in Yaoundé on December 23, 2016 to participate in a summit of heads of state of six Central African countries (Gabon, Cameroon, Central African Republic, Chad, Republic of Congo and Equitorial Guinea) to discuss the ...

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IMF Backs Christine Lagarde despite Guilty Verdict Over Negligence.

The Executive Board of the International Monetary Fund (IMF) is backing managing Director, IMF, Christine Lagarde despite guilty verdict over negligence. The IMF in a statement it issued today said: “The Executive Board met today to consider recent developments in the legal proceedings in France involving Managing Director Christine Lagarde. The Executive ...

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