By Omoh Gabriel The expected acquisition of Oceanic Bank, one of the rescued banks by First Bank Nigeria Plc has collapsed following…
Analysis
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Last month, the Food and Agricultural Organisation, an agency of the United Nations, raised alarm that Nigeria, Morocco and Bangladesh face imminent…
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Omoh Gabriel DELTA State Governor, Dr. Emmanuel Uduaghan, has said that not a few industries outside the Niger Delta region were encouraging…
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—-Four of the five banks accounts for N 1.3175 trn, —-non performing loans N115.3 ‚Äîaccounts for 30 % of loans, —- 45…
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By Omoh Gabriel, Business Editor The Central Bank Governor Sanusi Lamido Sanusi on Friday made good his threat to remove banks Managing…
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The federal government 25th Development Loan has been put at N180 million and will be solely used for agriculture development. This is…
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The naira appreciate in value against other major currencies after yesterday‚Äôs bidding session at the Foreign Exchange Market (FEM). An exchange rate…
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AnalysisFinanceNews
Privatisation and commercialisation: Design and implementation for effective result
THE ailing financial system of Nigeria has been a source of concern to government and the people of the country. To this…
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The Central Bank will soon refund to importers outstanding lodgements paid to the CBN under the Compulsory Advance Deposit (CAD) scheme. This…
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The N180 million 25th Development Loan Stock recorded a marginal over-subscription of N1.2 million as records showed yesterday, when the last batch…
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Information flow is one of the essential ingredients for a perfectly competitive market structure to develop in any economy. Free flow of…
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The national workshop on sources and procurement of foreign exchange ended on Thursday with a call on the federal government to come…
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AnalysisFinance
LOCALISATION OF BANKING INSTITUTIONS: A case for establishment of community banks’ 25/02/88
Without wasting words, banking is one of most alluring sectors for present day Nigerian graduates, partly because of te high pecuniary reward…
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Bankers and finance experts have hailed the federal government‚Äôs decision to double the minimum take off capital requirements for banks which took…
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Japan has now considered Nigeria qualified to benefit from its bilateral aid support it gives to developing countries, Mr. Paul Enrihri, managing…