All posts tagged "headline"

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  Africa woos domestic savers as a buffer against fickle foreign capital

  African economies seeking to diversify away from foreign aid or borrowing to fund urgent infrastructure needs are increasingly turning to their burgeoning pool of domestic savers. The continent needs billions of dollars in financing to be able...

  • Posted July 26, 2014
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  Zenith Bank grows profit to N58bn in six months

  Zenith Bank Plc yesterday reported a profit before tax (PBT)of N57.85 billion for the six months ending June 30, 2014, showing an increase of  seven per cent compared with  N54.08 billion for the corresponding period  of 2013....

  • Posted July 25, 2014
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  Sambo flays commercial banks’ high lending rates

  Vice-President Namadi Sambo Monday flayed the high rate at which commercial banks charge interest rates. This, according to him, hampers small and medium scale enterprises (SMEs) in accessing finance for their operations. He stated this in Saudi...

  • Posted July 25, 2014
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  Ecobank, others have boosted growth – Fashola

  Lagos State Governor, Mr. Babatunde Fashola, says Deposit Money Banks, including Ecobank as well as other businesses have contributed to the development of the state. He said this at the unveiling of Premier Banking by Ecobank in...

  • Posted July 25, 2014
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  Fuel shortage looms in Abia as IPMAN crisis deepens

  The leadership crisis rocking the Independent Petroleum Marketers Association of Nigeria APMAN, Aba Branch may snowball into fuel crisis in Abia State and environs, following a threat by a faction of the Aba IPMAN to shut down...

  • Posted July 25, 2014
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  Unity Bank recruits 300, disengages 170 employees

  Unity Bank Plc has announced the disengagement of over 170 staff members. The bank also disclosed that it recently recruited about 300 new members of staff, mostly at entry levels. The exercise is in a bid to...

  • Posted July 25, 2014
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  Aviation ministry’s debt drops by N21bn

  The total indebtedness of the Federal Ministry of Aviation has dropped from N174bn to N153bn, the ex-Supervising Minister of the ministry, Dr. Samuel Ortom, has revealed.This is coming as the ministry disclosed that the Federal Government has...

  • Posted July 25, 2014
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  Disbursement of N220bn MSME fund begins August

  Barring any last minute change, the Central Bank of Nigeria will from next month commence the disbursement of its N220bn Micro, Small and Medium Enterprises intervention fund. The Governor of the apex bank, Mr. Godwin Emefiele, disclosed...

  • Posted July 25, 2014
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  Shell seeks stakeholders’ support in anti-oil theft campaign

  As oil theft, sabotage, spills and other related crimes persist in the Niger Delta, Shell Petroleum Development Company has asked for the support of the media and other critical stakeholders in addressing the problem. At a summit...

  • Posted July 25, 2014
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  Local rice production generates N750bn revenue —FG

  The total gross revenue from the local production of rice in the past three years is N750bn, the Federal Government has said. According to the government, farmers and small-scale rice processors in the country made a net...

  • Posted July 25, 2014
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