All posts tagged "featured"

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  Nigerian Stock Exchange Watch: ASI (+2.03%) Gains Big as Investors Mop up Bank Shares

  The All Share index gained major points in today’s trading as Investors showed renewed interest in banking stocks. However the bullish performance of the banking sub-sector was not the only driver of today’s gain, as Dangote Cement...

  • Posted June 20, 2012
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  Rio 20+: Sustainable Development needs Innovative Financing and Private Sector Support

  Innovative sources of finance and resources from the private sector are key to achieving sustainable development in Africa, African leaders and world experts said yesterday at the United Nations Conference on Sustainable Development, or Rio+20, in Rio...

  • Posted June 20, 2012
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  NLNG To Offer Two Additional Spot Cargoes For July

  Nigeria LNG Ltd., Africa’s biggest exporter of liquefied natural gas, tendered to sell two additional cargoes of the fuel on the spot market next month, three people with knowledge of the matter said. The first shipment is scheduled to...

  • Posted June 20, 2012
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  Fortis becomes Second Micro Finance Bank to list on Nigerian Stock Exchange

  The Nigerian Stock Exchange has admitted Fortis Micro Finance Bank into its official daily list. This is the second micro-finance bank to be listed on the Nigerian Stock Exchange. According to sources close to the company, the...

  • Posted June 20, 2012
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  New SEC Leadership Moves to Restore Investor Confidence in Capital Markets

  After months of controversies peaking in the suspension of Arunma Oteh as the Director General of the Securities and Exchange Commission (SEC) and closely followed by the retirement of the entire SEC board by the Federal Government,...

  • Posted June 20, 2012
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  DEBT MANAGEMENT AND ECONOMIC SUSTAINABILITY(12)

  Spain, one of Europe’s leading economies is facing a pain and strain as its banks are engulfed in structural crisis and after a downgrading by top rated Global International Financial Agencies it is facing a serious and...

  • Posted June 19, 2012
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  Shell’s $ 3 billion Gas Investments help Cut Flaring in Niger Delta Region

  Shell Petroleum Development Company disclosed it has spent over $ 3 billion (N 480 billion) on its gas gathering infrastructure in the country. The company’s Director of Upstream International, Mr. Andy Brown revealed this to the Minister...

  • Posted June 19, 2012
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  World Bank to Support FG’s Agricultural Transformation Agenda with $ 300 million

  The World Bank has earmarked $ 300 million to support the Federal Government’s Agricultural Transformation Agenda (ATA) with $ 300 million. Dr. Lucas Akapa, the leader of the Commercial Agriculture Development Project (CADP) Task Team disclosed this at...

  • Posted June 18, 2012
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  CBN Ordered to Pay Interstella Communications $ 117.4 Million

  A federal high court sitting in Umuaia has ordered the Central Bank of Nigeria to pay Interstella Communications Ltd $117.4 million. The high court ordered the CBN to debit the accounts of the Federal Government  in order...

  • Posted June 18, 2012
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  SEC Board Disbanded, Bolaji Ibrahim Bello Named Acting DG | Oteh may resume in 2 weeks

  The minister of finance, Okonjo Iweala disclosed that the Presidency had approved the appointment of the current Director of Finance and Administration, Mr. Bolaji Ibrahim Bello as the new Acting Director General of the Securities and Exchange...

  • Posted June 15, 2012
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