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  • LHF promoters flay govt over access to land

    Access to land and the upheavals it presents to housing delivery have been traced to the poor and uncoordinated policies of government on land management and administration. Promoters of the Lagos Housing Fair (LHF) said that the...

    • Posted April 12, 2011
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  • Savannah yet to decide on bank category

    Five months after receiving the nod to resume banking business, Savannah Bank Plc is yet to decide on what category of banking it wants to engage in when it starts proper banking business. Addressing journalists in Abuja...

    • Posted April 12, 2011
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  • Sterling Bank makes N5b profit

    Sterling Bank Plc has announced a post-tax profit of N5billion for the year ended December 31, 2010. This is against the previous year’s N7.2 billion loss. The bank, according to the results, which has been approved by...

    • Posted April 12, 2011
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  • Fed Govt inaugurates advisory committee on Consumer Protection Council

    The Federal Government has inaugurated the Advisory Committee on Products, Services, Monitoring and Registration Programme (ProServe). Minister of Commerce and Industry, Jubril Martins-Kuye, inaugurated the Public-Private Partnership Initiative of the Consumer Protection Council (CPC) for the Federal...

    • Posted April 12, 2011
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  • Nigeria dollar bond falls on election result

    Nigeria’s 2021 dollar bond fell yesterday, giving up some of its recent rapid gains, as last week’s parliamentary election showed the opposition gaining ground against the ruling People’s Democratic Party (PDP). The bond was down three points...

    • Posted April 12, 2011
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  • ‘How conflicts increase poverty in warring countries’

    The World Bank has reported that countries with high incidences of violence are prone to poverty than those with little or none. This is contained in the Bank’s 2011 World Development Report. It noted that countries where...

    • Posted April 12, 2011
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  • Japan okays N4b for Jebba Hydro Power Station repairs

    The Japanese government has approved N4billion for the emergency repair and rehabilitation of the Jebba Hydro Power Station. This is to promote the efforts of the Federal Government to enhance power-generating capacity in the country. The deal...

    • Posted April 12, 2011
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  • Transcorp’s shares hit 28 months high

    Acquisition of significant stake in Transcorp by Heirs Holdings, the principal investment vehicle, with a diversified portfolio, including interests in the financial services, real estate and resources sectors, is driving up the share price of the company...

    • Posted April 11, 2011
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  • Rescuing banks from web of bad debts

    THE concept of banking, essentially, though nebulous, revolves around management of money, credit and investments. It is one of the oldest professions in the world and credit is at the heart of the business. The key functions...

    • Posted April 11, 2011
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  • Stock market dips further as volatility increases

    The market capitalisation of equities at the Nigerian Stock Exchange (NSE) depreciated further by 0.08 percent at the close of trading session last week, as against a decline of 0.45 percent recorded in the preceding week. The...

    • Posted April 11, 2011
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