Market – Finance

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  IFC Deploys $70 Million Capital to Diamond Bank

  The Washington D.C. based International Finance Corporation (IFC) has made US$70 million available to...

  • Posted August 9, 2012
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  Nigeria Stock Exchange Watch: Index Dips Further, Shedding 0.96%

  The All Share Index shed 0.96% today as Dangote Cement caved in to supply-side...

  • Posted August 8, 2012
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  Q2, 2012 Earnings: ConOil Net Income Slumps by 81%

  ConOil, an indigenous petroleum marketing company, released its q2, 2012 to the Nigerian Stock...

  • Posted August 8, 2012
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  Gold Snaps Three-Day Advance As Dollar’s Strength Damps Demand

  Gold dropped for the first time in four days as the metal’s advance to...

  • Posted August 8, 2012
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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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  Oil At Two-Month High As Equities Gain, Dollar Declines

  Oil rose to the highest level in more than two months after better-than-estimated corporate...

  • Posted August 7, 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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  Nigerian Stock Exchange Watch: ASI (-0.44%) Retreats as Blue Chips Slide

  The All Share Index shed 0.44% on the back of losses from key blue...

  • Posted August 6, 2012
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  Naira Heads For Longest Losing Streak Since May On Import Demand

  The naira declined for a fifth day, the longest losing streak since May, as...

  • Posted August 6, 2012
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