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Sunday, April 28, 2024
China and Nigeria can leverage sporting activities to advance diplomatic relations between the two countries, according to Mr Zhang Yi, Minister Counsellor of the Chinese Embassy in Nigeria.

China, Nigeria Can Leverage Sports to Advance Bilateral Relations – Envoy

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China and Nigeria can leverage sporting activities to advance diplomatic relations between the two countries, according to Mr Zhang Yi, Minister Counsellor of the Chinese Embassy in Nigeria.
While inflation has slowed, the journey down to 2% is not over and the Federal Open Market Committee will act as needed, Federal Reserve Chair Jerome Powell said in prepared remarks during a live panel discussion at the 24th Jacques Polak Annual Research Conference.

US Fed Chair Powell Maintains Hawkish Stance on Rates

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While inflation has slowed, the journey down to 2% is not over and the Federal Open Market Committee will act as needed, Federal Reserve Chair Jerome Powell said in prepared remarks during a live panel discussion at the 24th Jacques Polak Annual Research Conference.
UN: 450,000 Fleeing Fighting in Eastern Congo

UN: 450,000 Fleeing Fighting in Eastern Congo

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Almost half a million people are fleeing fighting between government troops and rebels in the east of the Democratic Republic of Congo (DRC).
As risk-off sentiment doused, foreign investors increased their position in Nigerian sovereign US dollar bonds. The trading pattern observed in the international market showed that US Treasury yields have been swinging following the Federal Reserve's decision to maintain the status quo on rates. The market has been reacting to Jerome Powell’s hawkish tone.

Futureview US Dollar Fund Return Hits 7.42%

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Futureview US dollar fund year-to-date return cleared at 7.42%, the financial services company said in an update. Return on the investment stands ahead of FGN 5-Year Eurobond year-to-date yield of 3.42%.
Cordros US dollar fund year-to-date return cleared at 6.22% in October 2023. The US dollar asset underperformed by 0.16% month on month, though ahead of the coupon benchmark of 6.13%.

Cordros US Dollar Fund Yields 6.22%

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Cordros US dollar fund year-to-date return cleared at 6.22% in October 2023. The US dollar asset underperformed by 0.16% month on month, though ahead of the coupon benchmark of 6.13%.
Pakistani Troops Kill 8 Islamist Insurgents Amid Rising Violence

Pakistani Troops Kill 8 Islamist Insurgents Amid Rising Violence

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Pakistani troops have killed eight Islamist militants in a shoot-out in the volatile north-western border region, the military said.
Sudan has called for the immediate withdrawal of the United Nations peacekeeping mission in the Horn of Africa country.

Sudan Demands Immediate Withdrawal of UN Peacekeepers

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Sudan has called for the immediate withdrawal of the United Nations peacekeeping mission in the Horn of Africa country.
DTAC: 23 TAC Volunteers Return Home From Uganda

DTAC: 23 TAC Volunteers Return Home From Uganda

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The Directorate of Technical Aid Corps (DTAC) on Sunday received 23 Technical Aid Corps (TAC) Volunteers sent to Uganda in November 2021, who returned to Nigeria.
The Chair of the African Group, Amb. Chola Milambo is soliciting political endorsement of UN Member States to adopt the resolution on the Framework Convention on International Tax Cooperation.

African Group Seeks Endorsement of UN Tax Convention Resolution

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The Chair of the African Group, Amb. Chola Milambo is soliciting political endorsement of UN Member States to adopt the resolution on the Framework Convention on International Tax Cooperation.
Nigeria and the African Group on Thursday called for an equitable and fair international tax system toward achieving the Sustainable Development Goals (SDGs).

SDGs: Nigeria, Others Call for Inclusive Global Tax System

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Nigeria and the African Group on Thursday called for an equitable and fair international tax system toward achieving the Sustainable Development Goals (SDGs).