Export
Telegraph: Britain to tighten laws on imports linked to alleged Chinese human rights abuses
Britain will tighten the law on importing goods linked to alleged human rights abuses in China as ministers take a tougher stance on Beijing, The Telegraph reported on Monday. Foreign Secretary Dominic Raab will make a statement on Tuesday in the House of Commons on the government’s response to allegations of forced labour in China’s Xinjiang province, home to about 12 million Uighur Muslims, the report bit.ly/2LKt2Fe added. Among the measures expected to be unveiled by the government include expansion of the Modern Slavery Act, reacting to concerns that items manufactured under duress by the Uighur Muslim minority may be entering the UK, the Telegraph reported. Britain said last year there was credible, growing and troubling evidence of forced labour among Uighur Muslims. China has come u...
Why coronavirus will not be last pandemic – UN report
United Nations The Coronavirus (COVID-19) pandemic, the latest crisis facing the world, will not be the last until humans release their grip on nature, says a new UN report published on Tuesday. According to the report titled “The Next Frontier: Human Development and the Anthropocene,” world leaders need to take bold steps to reduce the immense pressure that is being exerted on the environment and the natural world, or humanity’s progress will stall. “Humans wield more power over the planet than ever before. Redefining issues of our time “In the wake of COVID-19, record-breaking temperatures and spiraling inequality, it is time to use that power to redefine what we mean by progress, where our carbon and consumption footprints are no longer hidden,” said Achim Steiner, the Administrator of ...
Naira weakens to lowest in three years
The Naira yesterday weakened to the lowest in over three years in the parallel market due to increased demand for dollars amid foreign-currency shortages. The local currency depreciated to N495 to a dollar yesterday, lowest since February 23, 2017, widening the gap with the official rate of N379.5 to over 30 per cent. The currency traded in the interbank market at 389.74 as of 4:54p.m. in Lagos. Agency reports quoted traders as alleging a groundswell of diversion of dollars, a development which heightened scarcity of the green back in the parallel market this week. There is a diversion of inflows away from official channels to the parallel market due to the gap in rates, Murega Mungai, trading desk manager for Aza Finance said in a note Thursday. The market spread has created arbitrage opp...
Nigerian government signs fuel transportation, storage deal with Niger Republic
The Federal Government, yesterday, signed a Memorandum of Understanding, MoU, with the Republic of Niger for the transportation and storage of petroleum products. The post Nigerian government signs fuel transportation, storage deal with Niger Republic appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Nigerian government exempts Dangote from border closure – report
The Nigerian government has allowed Dangote Cement to resume exports across its land borders, Bloomberg reports. This is despite the closure of all land borders by the government for over one year. The move has, however, raised hopes that Nigeria may be opening up trade with neighbors after a year-long blockade. The administration of the President Muhammadu Buhari gave its authorisation for Africa’s biggest producer to export cement to Niger and Togo in the third quarter for the first time in ten months, Michel Puchercos, chief executive officer, said on an investor call in Lagos. The export was made possible “through authorisation given by this administration,” he said. The exemption to Dangote Cement is seen as a softening of the government’s position on a border closure that started in ...
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