All posts tagged "featured"

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  Benue people lament the closure of Dangote Gboko Plant, call for FG intervention

  The Benue State Government has called on the Federal Government to intervene in the temporary closure of the Gboko plant of Dangote Cement, saying the closure has caused serious financial loss and untold hardship in the few...

  • Posted January 10, 2013
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  CBN Worried About Capital Flight

  The Central Bank of Nigeria (CBN) has raised alarm concerning the heightened potential for capital reversal in the country. According to the External Sector Development Report issued by the CBN, foreign inflows of capital increased 77% from...

  • Posted January 10, 2013
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  ICT Industry in Nigeria needs to grow – Uwaje

  The Information Technology Sector in Nigeria, has been described as weak and in dire need of growth to meet up the global competition . President of the Institute of Software Practitioners of Nigeria (ISPON) Mr Chris Uwaje...

  • Posted January 10, 2013
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  Nigerian Stock Exchange Watch: ASI (-0.46%) Succumbs To Profit Takers, UBA (+9.92%) Resilient

  The All Share Index succumbed to profit takers in today’s market, losing 46 basis points. The banking sector was depressed, it recorded 10 losers versus 3 winners. UBA (+9.92%), and Diamond (+1.97%) were the only notable bank...

  • Posted January 9, 2013
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  Sylva battles Dickson on N4,451 Bayelsa treasury balance

  Governor Henry Seriake Dickson’s claim that he inherited only N4, 451 in the state account was yesterday faulted by former Governor, Chief Timipre Sylva. Sylva stated that he does not understand why after a year since the...

  • Posted January 9, 2013
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  Analysts, experts fault the move to strip CBN of its banking supervisory role

  Financial analysts, economic experts, and stakeholders have faulted the recent move by the House of Representatives to strip the Central Bank of Nigeria of its supervisory powers. Earlier, the Chairman, House of Representatives Committee on Banking and...

  • Posted January 9, 2013
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  CBN To Assess Bank Chiefs Periodically For Fitness

  The Central Bank of Nigeria (CBN) in a new banking supervision policy, has stated that it will review the performance of bank chief’s every two year in order to ascertain if they are fit and proper to...

  • Posted January 9, 2013
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  FBN Microfinance rewards customers

  FBN Microfinance Bank, a subsidiary of First Bank Nigeria Plc, has rewarded customers who have been part of the ‘My Daily Savings’ product. The bank, in a statement made available to our correspondent on Tuesday, said prize,...

  • Posted January 9, 2013
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  Oando on the verge of declaring mega profits

  Nigeria’s leading Indigenous Oil and Gas industry, Oando Plc is set to declare a major profit of about N11.7 billion for its activities and operations in the year 2012, a positive news for a Company that has...

  • Posted January 9, 2013
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  Nigerian Stock Exchange: ASI (+0.36%), Despite Onset Of Selling Pressure

  The All Share Index continued its appreciation today, climbing 36 basis points to close at 29,089.51. The market showed resilience to selling pressure as investors sought to consolidate on previous gains. The banking sector was evenly split between...

  • Posted January 8, 2013
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