US mulls construction supply boost with $5bn LNG loan to Mozambique

Taking a page out of China’s foreign development strategy, the US Export-Import Bank (Exim) is considering a $5bn loan to help build a large liquefied natural gas (LNG) plant in northern Mozambique, saying it would support 16,400 American jobs by guaranteeing orders for goods and construction services.
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Investors trade N1.2trn worth of Nigerian stocks in 7 months

In seven months to July 31, 2019, investors traded about N1.201trillion worth of Nigerian equities. This represents a huge decline of about 31percent year-on-year (YoY) when compared with N1.743trillion recorded in the corresponding seven months period of 2018.

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