Market – Finance

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  Naira falls as CBN fails to meet Dollar demand

  The naira depreciated after the Central Bank of Nigeria failed to meet accumulated demand for dollars...

  • Posted July 16, 2012
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  Q2, 2012 Earnings: Skye’s Net Income Soars to N 8.1 billion

  Skye Bank, one of Nigeria’s mid-tier banks, transmitted its Q2, 2012 earnings to the...

  • Posted July 16, 2012
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  Corporate Nigeria’s Top Forex Consumers, Buy $ 1.8 bn from CBN in Q1

  The Central Bank of Nigeria (CBN) sells foreign exchange bi-weekly through its Wholesale Dutch...

  • Posted July 16, 2012
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  Nigeria Stock Exchange Brief: Dangote Cement’s Performance Lifts All Share Index (+1.08%)

  The Nigerian Stock Exchange was boosted upwards significantly todzy based on a stiff increase...

  • Posted July 12, 2012
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  Q2, 2012 Earnings: Diamond Bank Shines with N 9.9 billion Net Income

  Diamond Bank, a mid tier financial institution, transmitted its unaudited Q2, 2012 financial report...

  • Posted July 12, 2012
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  Stanbic IBTC to adopt holding company structure

  STANBIC IBTC Bank, a member of Standard Bank Group, has announced that it would...

  • Posted July 12, 2012
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  Pension Managers flee from the stock market

  If the perception of pension managers about the stock market is anything to go...

  • Posted July 12, 2012
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  Q2, 2012 Earnings: UBA Grows Net Income to N 26 billion

  Africa’s global bank, UBA Plc, transmitted its Q2, 2012 earnings to the Nigerian Stock...

  • Posted July 11, 2012
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  Stanbic IBTC to delist from Nigerian Stock Exchange

  In order to conform to regulatory requirements made by the CBN, Stanbic IBTC will...

  • Posted July 11, 2012
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  Naira Falls as Crude Oil Price Declines

  The naira weakened, snapping three days of gains against the dollar as crude, Nigeria’s...

  • Posted July 11, 2012
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