Market – Finance

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  First Bank strengthens profitability with 1% general provisioning

  First Bank’s decision to make one per cent general provisioning on its performing loans...

  • Posted April 19, 2011
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  CBN releases revised reference codes for MFBsCBN releases revised reference codes for MFBs

  The Central Bank of Nigeria (CBN) has released revised list of codes for microfinance...

  • Posted April 19, 2011
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  Banks may experience consistent rise in cost of borrowing

  There are indications that the banking sector may soon experience increased cost of borrowing...

  • Posted April 19, 2011
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  First Bank, Oceanic merger talks stalled

  The merger and acquisition talks between First Bank of Nigeria Plc and Oceanic Bank...

  • Posted April 19, 2011
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  Gray handsets’ll continue to plague telecoms market – Report

  The problem of gray-market handset will continue to be a big challenge not only...

  • Posted April 19, 2011
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  Oil Exports: Funding Constraints Stall Electronic Monitoring

  Non-availability of funds has stalled electronic monitoring of Nigerian crude oil production and exports...

  • Posted April 19, 2011
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  Inflation Rises to 12.8% on Political Spending

  Inflation rate in Nigeria rose to 12.8 percent year-on-year in March 2011, higher than...

  • Posted April 19, 2011
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  Election: Dollar Demand Climbs by 43% over Violence

  Demand for the US dollar at the Central Bank of Nigeria (CBN) regulated Wholesale...

  • Posted April 19, 2011
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  How Glo has maintained an edge in telecoms pricing

  The Nigerian telecoms industry, acclaimed as the fastest growing in Africa, has once again,...

  • Posted April 19, 2011
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  IMF urges budget caution in Africa

  The International Monetary Fund (IMF) is cautioning African countries to watch their spending during...

  • Posted April 19, 2011
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