All posts tagged "featured"

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  House Calls Presidency to Order on Oteh’s Reinstatement

  The members of the House of Representatives have expressed their high level of displeasure at the reinstatement of Ms. Aruma Oteh as the Director General of the Securities and Exchange Commission (SEC). The Federal Government issued a...

  • Posted July 20, 2012
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  Access Bank plans $350 mln Eurobond

  Access Bank plans to issue a $350 million five-year Eurobond with pricing in the 7 percent range, a banking source with knowledge of the deal told Reuters on Wednesday. The bank is likely to benefit from strong...

  • Posted July 19, 2012
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  Manchester United set to kick off $300 Million Initial Public Offering (IPO)

  Football powerhouse Manchester United is expected to launch its IPO in New York as early as next week, for pricing in early August, after earlier attempts in Hong Kong, Singapore and the UK. The time table marks a...

  • Posted July 19, 2012
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  Power Generation Firms: Otedola, Julius Berger Others Submit Bids as Dangote Misses Deadline

  Sources in the Bureau of Public Enterprises (BPE) handling the Power Privatization Exercise have said 25 investors have shown interest in the six power generation companies up for grabs. Consortium’s who successfully submitted their bids include Femi...

  • Posted July 19, 2012
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  Could Soaring Bread Prices Cause Political Instability

  The price of bread is responding to the increases in the duties and levies placed on Wheat commodity and show no signs of slowing anytime soon. A loaf of bread that used to sell for N 100...

  • Posted July 19, 2012
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  Diamond Bank revised 2012 ROE target to 15 percent

  Diamond Bank has raised its return on equity (ROE) target for 2012 to 15 percent from 10 percent, the lender said on Wednesday. The mid-tier lender last week announced a fourfold increase in half-year pretax profit to...

  • Posted July 19, 2012
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  Sanusi Calls for Bank of Infrastructure

  The Governor of the Central Bank of Nigeria, Lamido Sanusi, has called for the establishment of an Infrastructure bank for the financing of infrastructure projects across the country. He made the call whilst addressing the Third Infrastructure Concession...

  • Posted July 19, 2012
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  Naira Depreciates as Inflation Rises

  Nigeria’s naira depreciated the most in almost a month after inflation accelerated. The currency of Africa’s biggest oil producer retreated as much as 1.4 percent, the biggest intraday decline since June 22, to 162.500 per dollar and traded...

  • Posted July 18, 2012
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  Mayer Becomes Highest-Profile Pregnant Woman Hired As CEO

  Yahoo! Inc. Chief Executive Officer Marissa Mayer is breaking new ground for Fortune 500 companies by starting her job more than six months pregnant, a trend already embraced by young women running Silicon Valley startups. Mayer, an engineer and former Google...

  • Posted July 18, 2012
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  FG to Ban Foreign Goods that have Local Substitutes

  The Federal Government has made clear in no uncertain terms it impending policy reform that will see ban on imports of goods that have foreign substitutes. The Minister of Trade and Investment, Olusegun Aganga, made this known...

  • Posted July 18, 2012
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