All posts tagged "featured"

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  Access Bank to Cut Stake in Zambia Unit to 49%

  Access Bank, Nigeria’s fourth- biggest lender by market value, will cut to 49 percent its stake in its Zambian unit after the southern African country raised capital requirements, Chief Executive Officer Aigboje Aig- Imoukhuede said. Access will cut...

  • Posted September 12, 2012
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  Stock Market Review: Top Banking Stocks by Year-to-Date Performance

    The Nigerian Stock Exchange is offering investors some good returns so far this year. Some stocks have returned as high as 117% (International Breweries) and 101% (CAP Plc) as at today’s closing prices. As at today,...

  • Posted September 12, 2012
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  Dana Airlines: The Rise and Fall of Nigeria’s Common Enemy #1

  Nigerians love to have a common enemy, that’s why the churches modeled after MFM are thriving. Dana is a common enemy now because seemingly it’s a good target. It crashed 153 lives out of our airspace and...

  • Posted September 12, 2012
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  Telling Swiss Secrets: A Banker’s Betrayal

    Part 1: A UBS insider blows the whistle on Swiss banking. It’s the inner sanctum of Swiss banking — the heavily-guarded nexus between numbered Swiss bank accounts and their owners’ good names — and it’s the...

  • Posted September 12, 2012
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  Oil Trades Near Three-Week High on Stimulus Outlook

  Oil traded near the highest level in three weeks amid speculation China and the U.S. will add stimulus to their economies, sustaining demand for fuel in the world’s biggest crude users. Futures were little changed after rising...

  • Posted September 12, 2012
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  OPEC Oil Production Rises as Angola and Nigeria Pump More Crude

  The Organization of Petroleum Exporting Countries boosted crude production last month asAngola, Nigeria and Libya pumped more, the group said. Output from OPEC, which supplies 40 percent of the world’s oil, climbed to 31.41 million barrels a...

  • Posted September 12, 2012
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  NSE CEO’s Remarks at the workshop on Market Making, Securities Lending and Short Selling

  NSE CEO’S OPENING REMARKS AT THE NSE MARKET MAKING WORKSHOP ON SEPTEMBER 11, 2012 AT THE SHELL HALL, MUSON CENTRE, LAGOS   Distinguished Ladies and Gentlemen, it gives me great pleasure to welcome you on behalf of...

  • Posted September 12, 2012
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  Earnings Watch: Access Bank Half-Year Revenue Swells 103% to $ 681 million, Directors Propose N 0.25 Dividend

  Access bank transmitted its half-year financial statements to the Nigerian Stock Exchange yesterday. The financial institution reported gross earnings of N109 billion or $681 million, up 103% from the N50 billion ($313 million) it made over the...

  • Posted September 12, 2012
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  Total May Sell Assets to Pay for Higher Project Costs, BoA Says

  Total, Europe’s third-largest oil company, may have to sell assets to pay for projects designed to raise production in coming years, according to Bank of America Merrill Lynch. “We are cautious on the profitability of Total’s project...

  • Posted September 11, 2012
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  US government pays jailed whistleblower $104 million for info on tax dodgers

  The Internal Revenue Service awarded tax whistleblower and former UBS  banker Bradley Birkenfeld $104 million for providing the agency with insider information in UBS’s illegal encouragement of secret offshore accounts by U.S. taxpayers. Mr. Birkenfeld’s lawyers said it is...

  • Posted September 11, 2012
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