All posts tagged "n160"
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SWF: FG invests N32b, $1b excess crude revenueThe Federal Government has so far invested N32 billion ($200 million) of its fledgling Sovereign Wealth Fund (SWF), representing 20 per cent of the $1 billion (about N160 billion) to guard against commodity price shocks. Nigeria, Africa’s top...
- Posted September 27, 2013
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Cash Reserve Requirement: CBN withdraws N1tn from banking systemThe Central Bank of Nigeria on Wednesday began the implementation of its new 50 per cent Cash Reserve Requirement policy, which requires Deposit Money Banks to keep 50 per cent of all public sector funds with the...
- Posted August 9, 2013
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Naira falls to N159, weakest in 10 monthsThe Naira fell to its weakest level in almost 10 months on the interbank market on Friday, driven down by strong demand for the dollar by offshore investors exiting the bond market and repatriating dividends, traders said....
- Posted June 7, 2013
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FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen InclusivenessFCMB Bank (UK) Limited, an independently incorporated subsidiary of...
- August 1, 2018
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The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First BankOn June 25, 2018 I woke up to yet...
- June 26, 2018
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Azman Air commences flight operation in SokotoAzman Air Thursday commenced flight operation to Sokoto state....
- February 21, 2015
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NRC increases Lagos goods trains, eyes fuel haulageThe Nigerian Railway Corporation says it has increased its...
- June 23, 2016
