Finance

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  Clearing Cheques Now Takes Two Days in Lagos

  Cheque Truncation is to take two days in Lagos. Truncation refers to the conversion...

  • Posted August 8, 2012
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  First Bank Gets Go-ahead to restructure

  First Bank said last week it had won regulatory approval to transfer its subsidiaries...

  • Posted August 7, 2012
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  AMCON Appoints RenCap and Citi Bank as Advisers for Bridged Banks

  The Asset Management Corporation of Nigeria (AMCON) has appointed Renaissance Capital and CitiBank to...

  • Posted August 7, 2012
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  ‘First Bank In Compliance with CBN Recapitalization Policy for Offshore Units’ – CEO

  Chief executive Officer of First Bank, Olabisi Onasanya, has disclosed that Africa’s oldest financial...

  • Posted August 3, 2012
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  GTBank Security Upgrade Explains Service Disruptions

  Not a few GTBank customers are affected by service disruptions on the bank’s Internet...

  • Posted August 1, 2012
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  18 out of 20 Pension Companies Clear PenCom Recapitalization Exercise

  According to a report released by the National Pension Commission on Monday, 18 companies...

  • Posted July 31, 2012
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  CBN to compel Banks to close their Foreign subsidiaries

  The Central Bank of Nigeria (CBN) is increasing restrictions to Nigerian banks who operate...

  • Posted July 26, 2012
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  Funke Osibodu to Step Down as MD of Union Bank

  The board of directors of Union Bank has signaled that they will be replacing...

  • Posted July 23, 2012
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  Standard Chartered to foster Africa-China trade at forum

  TO foster trade and investments between Africa and China, Standard Chartered Bank has concluded...

  • Posted July 20, 2012
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  Diamond Bank revised 2012 ROE target to 15 percent

  Diamond Bank has raised its return on equity (ROE) target for 2012 to 15...

  • Posted July 19, 2012
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