All posts tagged "headline"

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  Onasanya lists problems of retail banking in Nigeria

  The Group Managing Director and Chief Executive Officer, First Bank of Nigeria Limited, Mr. Bisi Onasanya, has identified infrastructure and lack of strong relationships across customer segments as some of the challenges militating against the growth of...

  • Posted July 11, 2015
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  Stock market takes further beating

  The Nigerian Stock Exchange All-Share Index extended its losses on Thursday on the back of losses by 33 stocks. Specifically, the NSE ASI declined by 263.5 basis points from 32,031.73 basis points to 31,768.23 basis points. The...

  • Posted July 11, 2015
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  Stanbic IBTC’s half-year profit falls by 52%

  Stanbic IBTC Holdings Plc posted a profit before tax of N9.537bn in the first half of 2015, down by 52 per cent from the N19.946bn it declared for the same period in 2014. The company’s profit after...

  • Posted July 11, 2015
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  FCMB, states partner to boost IGRs

  The Group Managing Director, First City Monument Bank, Mr. Ladi Balogun, says the bank is ready to partner with state governments to finance agriculture and improve their internally generated revenues. He said the bank was exploring new...

  • Posted July 10, 2015
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  Port Harcourt refinery misses June target

  Despite assurances by the Nigerian National Petroleum Corporation that the Port Harcourt Refining Company Limited will start refining crude oil by the end of last month, findings have shown that the plant has yet to start delivering...

  • Posted July 10, 2015
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  Naira drops to 235 against dollar

  The naira fell further to a new record low of 235 to the dollar at the parallel market on Thursday, as dollar shortages persisted, foreign exchange dealers said. The President, Association of Bureau De Change Operators, Aminu...

  • Posted July 10, 2015
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  Nigerians in Diaspora remit N10.35tn in four years

  The Nigerians in Diaspora Organisation on Thursday said its members remitted about $63.17bn (N10.35tn) to the country between 2011 and June 2014. The Chairman, Board of Trustee, NIDO, Dr. George Manuwuike, stated this in Abuja during a...

  • Posted July 10, 2015
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  Gas to power projects not attractive – Experts

  The absence of a bankable commercial framework continues to pull the plug on huge gas investments badly needed to meet the country’s growing power supply needs, industry experts have said. Nigeria, Africa’s top oil producer, is estimated...

  • Posted July 10, 2015
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  Ambode lays foundation for N450m NBCC Plaza

  Lagos State Governor, Mr. Akinwunmi Ambode has laid the foundation stone of the multi-million Naira Nigeria British Chamber of Commerce (NBCC) Plaza in Lekki Phase 1, Lagos. The four-storey edifice, which will gulp over N450 million, will...

  • Posted July 5, 2015
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  FG proposes fresh rules on cabotage fund disbursement

  The federal government has proposed fresh rules that will guide disbursement of the much awaited Cabotage Vessel Finance Fund (CVFF), Permanent Secretary in the Federal Ministry of Transport (FMOT), Mallam Mohammed Bashar has said. Though Bashar did...

  • Posted July 5, 2015
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