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Finance & Markets

Chinese, Nigerian firms open financing window for manufacturers

Three companies from Nigeria and China have signed an agreement aimed at helping Nigerian businesses access financing for the importation of machinery, equipment and other productive assets from China. The Tripartite Cooperation and Market Development Agreement on Nigeria Import Trade Financing and Supply Transactions was signed in Abuja by Zhengzhou Youngshell International Supply Chain…

We haven't written up this one. Daily Trust has the full story — the link below goes straight to it.

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Market expects status quo as MPC meets today

The State Bank of Pakistan (SBP) Monetary Policy Committee (MPC) is expected to meet today (Monday) for the second time this fiscal year, with a majority of market participants expecting a status quo. At its previous meeting on July 27, the central bank’s MPC, despite signs of improvement in Pakistan’s macroeconomic outlook, left the…

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