All posts tagged "headline"

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  Stockbrokers urge FG to utilise Capital Market to drive entrepreneurship

  The Chartered Institute of Stockbrokers (CIS) has said Africa needs to break out from a vicious cycle of poverty with its attendant socio-economic disequilibrium. This, the CIS stated, can be achieved through optimal utilisation of the capital...

  • Posted October 31, 2015
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  PWC: Nigeria’s auto industry to produce 4million cars annually by 2050

  PricewaterhouseCoopers (PWC) on Thursday predicted that the Nigerian auto industry is expected to produce about four million cars annually by 2050, noting that given the nation’s growth projections to be the ninth largest economy in the world...

  • Posted October 31, 2015
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  BVN: Banks to deactivate unregistered accounts as deadline expires Friday

  Bank customers that are unable to obtain their bank verification numbers (BVNs) before the close of business this Friday would not be able to operate such accounts as the Central Bank of Nigeria (CBN) has ruled out...

  • Posted October 31, 2015
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  CBN suspends OMO to spur lending

  The Central Bank of Nigeria (CBN) recent decision to cease its regular mop-up of liquidity from the system, mostly through its open market operations (OMO) instrument, has released a lot of liquidity into the financial system. This...

  • Posted October 31, 2015
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  ANAN advises against further naira devaluation

  The President of the Association of National Accountants of Nigeria (ANAN), Mr. Anthony Nzom, has advised the federal government not to further devalue the naira. Nzom said this after what was termed “ANAN Walk Against Corruption for...

  • Posted October 31, 2015
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  NCC calls for removal of multiple taxes on telecoms

  There is urgent need to remove all barriers that are hindering the fast deployment of broadband services in Nigeria, especially incessant and multiple taxes and their enforcement, the Nigerian Communications Commission (NCC) has said. Director, Public Affairs...

  • Posted October 30, 2015
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  House invites CBN Governor over BVN verification for BDC transactions

  The House of Representatives at the plenary on Wednesday passed a resolution to invite the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, over the directive requiring Bank Verification Number (BVN) for transactions with...

  • Posted October 30, 2015
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  Current CBN policies are shutting down businesses – CSO

  The Nigerian Civil Society ‎Situation Room has expressed worry over the current policies of the Central Bank of Nigeria (CBN) which it said have succeeded in shutting down many businesses, thereby contributing to the economic challenge being...

  • Posted October 30, 2015
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  Skye Bank records N129bn gross earnings in Q3

  Skye Bank Plc has announced gross earnings of N129.24 billion for the third quarter ended September 30, 2015. This represented an increase of 33.06 per cent over the N97.13 billion recorded during the corresponding period in 2014....

  • Posted October 29, 2015
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  Nigeria ranks 169 out of 189 in World Bank’s Doing Business Report

  Nigeria continues to rank poorly among countries on the ease of doing business ranking, a report by the World Bank has shown. According to data released by the World Bank in its 2016 annual ease of doing...

  • Posted October 29, 2015
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