All posts tagged "featured"

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  Nigeria to ban rice importation in 2017 – Yari

  Zamfara State Governor and Chairman of the Nigeria Governors’ Forum (NGF), Alhaji Abdulazeez Yari, has said Nigeria will ban importation of rice  in the next two years (2017). Yari, who briefed State House Correspondents on Wednesday in...

  • Posted October 16, 2015
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  Access Bank strengthens alternative banking channels

  Access Bank Plc said it has selected CR2’s BankWorldomnichannel suite to manage its self-service channels including ATM, internet, and mobile. According to a statement, the strategic alliance was celebrated at Access Bank’s London headquarters recently. It pointed...

  • Posted October 15, 2015
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  Demutualisation: NSE appoints Rand Merchant Bank, Chapel Hill as financial advisers

  The Nigerian Stock Exchange (NSE) has made a major move towards its demutualisation with the appointment of Rand Merchant Bank (RMB) and Chapel Hill Denham (CHD) as financial advisers for the exercise. The NSE had in March...

  • Posted October 15, 2015
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  Forex restrictions: Massive job cuts loom in manufacturing sector

  The federal government’s drive to create jobs for millions of unemployed Nigerians may suffer setback owing to the Central Bank of Nigeria’s (CBN’s) foreign exchange (forex) restrictions, business analysts have warned. The policy, which took effect in...

  • Posted October 15, 2015
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  Ecobank Nigeria, Deutsche Bank seal deal on trade financing

  Deutsche Bank and Ecobank Nigeria Limited have announced the signing of a memorandum of understanding (MoU) to expand their trade finance relationship. Under the terms of the MoU, Deutsche Bank would provide export credit guarantee program GSM-102...

  • Posted October 15, 2015
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  NGF in strategy talks with MDAs, donor agencies on reforms

  Ahead of the meeting the National Economic Council on Friday, the  Nigeria Governors’ Forum (NGF) has met with strategic government agencies and development partners on ways to advance the proposed reforms and supports to states of the...

  • Posted October 15, 2015
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  Petrol queues resurface as marketers cut imports

  Following a reduction in the importation of Premium Motor Spirit (otherwise called petrol) into the country, long queues have started resurfacing at filling stations in Lagos, Ogun, Oyo and other states of the federation as well as...

  • Posted October 14, 2015
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  CBN adjusts Forex peg to N196.98/$1

  The Central Bank of Nigeria (CBN) strengthened its exchange rate peg slightly to N196.98 against the dollar on the interbank market on Monday, from N197 to a dollar it set last week, traders said. According to Reuters,...

  • Posted October 14, 2015
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  NNPC to explore alternative funding to offset subsidy debts to oil marketers

  The Nigerian National Petroleum Corporation (NNPC) monday said it would explore new financing mechanisms to offset outstanding debts on subsidy claims which the federal government owes petroleum marketers in the country. The corporation also stated that it...

  • Posted October 14, 2015
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• GTBank partners AFD on N3bn SMEs’ financing scheme

  Guaranty Trust Bank Plc (GTBank) said it has gone into partnership with Agence Française de Développement (AFD) to launch a N3 billion Ariz Portfolio Guarantee Scheme, an initiative designed to boost financing for business start-ups and development...

  • Posted October 14, 2015
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