Cement business is the core of your wealth. You are building other things. You are building a refinery in nigeria. Why does nigeria need another refinery . Bit, we useve you a our businesses to build the future of the business. Used. Gar profits were event, fertilizer, petroleum. Also, chemicals. Why would building a refinery . We have only two working refineries. The other one is in south africa. Thesedernity of all of theyde african countries, export their oil but import products. Modernity of the foreign was petroleum for imports. Nigerias exporting oil and has to refine products back and import. Youre building one of the largest refineries in the world . Aliko it is the largest in the world, 650,000 barrels a day. David 650,000 barrels a day. To do that, do you have to borrow some money . Where did the money come from . Aliko we are borrowing from the commercial banks. We are also borrowing some money from, you know, some financial institutions, like, you know, the african deployme
Avril optimism fading, moving past the 50 day moving average, this is fueled by fed optimism. We also got a bit the tailwind for sentiment thanks to the homebuying restriction curbs being relaxed a little bit. But weve seen in the session of the chinese stocks have been swinging between gains and losses, although japanese stocks have returned from that long weekend and the optimism and state of play seems to still be boosting the stocks in the country. We be encasing keeping a close watch on dollaryen. We are seeing it moving back to levels would last saw on thursday, working off the assumption that there were two rounds of intervention last week. Well said that level coming through roughly help 1. 54 despite intervention coming through from the currency chief. Weve been focusing as well on the aussie as we hear from the rba in the next hour. Lets fit the board and take a look at how traders have been bracing for a Hawkish Central Bank, but we did get retail Sales Numbers that fell mor
Recent missile launches. And i welcome to aljazeera live from my headquarters in doha im elizabeth pronto also ahead. More deaths at protests in gaza as the palestinian president rolls out of your west of the Peace Process after it sided with israel all the jerusalem. Spains Prime Minister says and also talks with caution on his exiled leader after a vigil and mentions underline two new and deep divisions and a new cease fire agreement in south sudan gives hope to millions of people displaced by the fighting. The u. N. Security council has unanimously passed a new sanctions targeting north koreas fuel imports the resolution drafted by the u. S. Will ban nearly ninety percent of Refined Petroleum products. Exports to pyongyang can johns regime is already under huge wests un and even the sanctions after conducting several nuclear and missile tests this year met by Widespread International condemnation mike hanna has more from the u. N. In new york but what has been a sometimes divided ye
The man that we always count on to put place democracy front and center of everything. You know so well that since citizens united, the last two election cycles that have set records for money spent, including hundreds of millions of dollars from undisclosed sources, the bulk of this socalled dark money spend iingy outside groups that hide their donors go toward negative tv ads. We all know that. Would you recommend changes to the Communications Act to ensure that voters are informed about who exactly is behind these anonymous tv ads . And is there anything in your view that the fcc can do on its own without congressional intervention . I would recommend them enforcing the statute that we already have. If you take a close look at section 317, which has to do with sponsorship identification and which goes back even before the teleCommunications Act of 1934 was written, goes back to 1927, ensuring that listeners and viewers more recently know by whom they are trying to be persuaded wheth
Extensive period of review and there would have to be some sort of high level determination as to why a different decision were to be made, is that the way it would work . Yeah. Under Administrative Law even with deference, the agency has to provide a reasoned explanation for its change in policy. It would require a notice and comment proceeding which is open. I wouldnt the suggestion has been made that somehow it would lead to instant clarity. It would lead to another three to fouryear period of conflict and litigation. Chairman copps . I would say it wouldnt take forever to compile that record. I, and a lot of other people i know, would be happy to contribute to the rationale for that sort of action. Its not really starting. A lot of that information is out there with just a route not taken and now we need to go back and look at it. And the fccs reclassification would be considered arbitrary and cap rishs unless there was a period of comment and refreshing the record and some sort of