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A Jewish-owned Geneva-based firm, Aprofim, has been awarded a contract to build a $265 million luxury hotel in Abuja, the new federal capital of Nigeria. The firm, headed by Nissim Gaon, who is also president of the World Federation of Sephardic Jews, is managed by an Israeli, Yitzhak Ormiron. The contract was signed with the National Insurance Corp. of Nigeria. The hotel, to be known as the Nicon Noga Hilton, will have 1,000 rooms and a conference center and will be rated five stars — the top world class rating.

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