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10 headlines from all newspapers in Indonesia, Wednesday, July 3, 2024

Here are the top 10 stories making headlines across the country. 1. Hopes for new Southeast Asian states after bill passes first reading A bill proposing the creation of a new state in Nigeria’s southeast passed its first hurdle in the House of Representatives on Tuesday. Read more 2. Imo Assembly thrown into chaos as four members suspended amid impeachment …

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FMO, FCMB, EU sign agreement to provide $25 million in funding for women-owned, youth-owned and agricultural SMEs in Nigeria

The Netherlands Entrepreneurial Development Bank (FMO) and Nigeria’s First City Monument Bank (FCMB) today signed a $25 million NASIRA guarantee agreement. The guarantee will enable FCMB to expand its financing to farmer, youth and women-owned SMEs without requiring collateral, targeting a client group that banks typically consider too risky. Funded by the European Commission, NASIRA is one of the most …

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