Finance

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  Foreign exchange reserves drop to $38.7bn

  The country’s foreign exchange reserves fell 1.94 per cent month-on-month to stand at $38.76bn...

  • Posted November 4, 2014
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  Capital flows to determine fate of the naira – Analysts

  As the United States Federal Reserve finally halts its $4.5 trillion bond-buying programme, a...

  • Posted November 3, 2014
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  Nigeria records N80bn electronic transactions daily

  As the adoption of electronic payment system increases in the country, about N80bn is...

  • Posted November 1, 2014
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  Banks barred from selling dollars to BDCs at Interbank Market

  As part of measures to strengthen the naira as well as to sanitise the...

  • Posted October 31, 2014
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  FBN Holdings posts N333.2bn gross earnings in 9 months

  FBN Holdings Plc’s unaudited results for the nine months ended 30 September 2014, showed...

  • Posted October 30, 2014
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  FCMB gets $300m from DFIs, others

  First City Monument Bank Limited has secured over $300m medium and long term funding...

  • Posted October 29, 2014
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  Bad loans eating into our profits – Unity Bank CEO

  The Chief Executive Officer, Unity Bank Plc, Mr. Henry Semenitari, spoke to some journalists...

  • Posted October 27, 2014
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  Reps reject CBN’s payment of N50bn to AMCON

  The House of Representatives on Thursday rejected a proposal requiring the Central Bank of...

  • Posted October 25, 2014
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  Court orders BGL to pay First Bank N1.407bn

  A Federal High Court in Lagos has ordered BGL Plc to pay First Bank...

  • Posted October 24, 2014
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  Insecurity, competition to depress banks, FMCGs Q3 earnings

  Uncertainties, which are likely to stem from the 2015 elections, insecurity in the northern...

  • Posted October 23, 2014
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