Market – Finance

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  CBN Commences Implementation of ‘guide to bank charges’

    The Central Bank of Nigerian (CBN) has started a phased execution of ‘Guide...

  • Posted November 19, 2012
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  EFCC re-arraigns Ebong, ex-Union Bank MD, others

    Former managing director of Union Bank Plc, Barthlomew Ebong and five other executives...

  • Posted November 16, 2012
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  Western Union and Ecobank Launch Internet Account Based Money Transfer (ABMT) service in Kenya

  LAGOS, Nigeria, November 15, 2012/ — Western Union, a global leader in payment services, and Ecobank Transnational...

  • Posted November 15, 2012
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  Flour Mills Banks N7.7 billion in Profits After Six Months

  Flour Mills of Nigeria Plc, manufacturers of Golden Penny Products, transmitted its Q2 unaudited...

  • Posted November 15, 2012
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  Nigeria Stock Exchange Watch: ASI (+0.21%) Recovers as Activity Accelerates in Insurance sub-Sector

    The major news in the market today was not the fact that the...

  • Posted November 14, 2012
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  FG appoints Stanbic as Government bond broker

    The Federal Government has appointed Stanbic IBTC as stockbroker for its debt, in...

  • Posted November 14, 2012
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  Lagos State Commences Price Discovery on Proposed Seven-Year $507 Million Bond Sale

  Lagos State, Nigeria’s biggest commercial city also regarded as sub-Saharan Africa’s biggest city, concerning...

  • Posted November 14, 2012
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  Nigeria Stock Exchange Watch: ASI (-1.20%) Sheds Weight as Blue Chips Slide

    The All Share Index shed a 120 basis points to close at 26,290.41. The...

  • Posted November 13, 2012
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  RenCredit MFB Opens in Nigeria to Focus on Middle-Income Market

  RenCredit MFB Ltd., the Nigerian consumer-finance unit of Moscow-based Renaissance Group, opened operations in...

  • Posted November 13, 2012
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  Wema Bank set to raise N35 billion Tier 1 Capital

  Wema Bank, Nigeria’s most resilient financial institution and oldest surviving indigenous lender, yesterday, announced...

  • Posted November 13, 2012
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