The Manufacturing purchasing managers’ index PMI, stood at 52.9 index points in June 2017, indicating expansion in the manufacturing sector for the…
Finance
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Mrs Patience Oniha as been appointed as the new Director General for the Debt Management Office DMO. The Acting President, Professor Yemi…
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Central Bank of Nigeria sold N31.94 billion treasury bills on Friday in a bid to mop up liquidity in the money market…
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On the first day of transaction after the Eid-el-Fitr celebration, the Central Bank of Nigeria (CBN), on Wednesday June 28, 2017, intervened…
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After 3 consecutive days of decline, the benchmark index opened the week positive as investors hunted for bargains in bellwether Banking, Industrial…
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In pursuance of its mission to uplift the lives of the communities in which the United bank for Africa (Plc) operates, UBA…
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Central Bank of Nigeria has released a proposal frame work of setting up a private Asset Management Company in Nigeria. The framework…
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In the last trading day of the week and ahead of holiday declared by the Federal Government to commemorate the Eid-el-Fitr, the…
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Following the deepening crisis between Etisalat and a consortium of 13 Nigerian Banks over a syndicated loan of about US$1.2 billion granted…
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Interbank rate eased to around eight per cent on Friday from 15 percent last week after the central bank repaid N152.6 billion…
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BusinessFinanceNews
Union Bank hosts customers and stakeholders to a centenary gala in Port Harcourt
As part of activities lined up to celebrate its centenary anniversary this year, Union Bank yesterday hosted its customers and other stakeholders…
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Revenue generating agencies of the federal government made up of Customs, Federal Inland Revenue Services and Department of Petroleum Resources were allocated…
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BusinessFinanceNews
Etisalat Nigeria Loan crisis: wait for an investor to buy off shares….Exotic Capital
Exotic Capital a leading frontier and emerging markets investment firm based in the United Kingdom, has said that the most likely way…
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BusinessFinanceNews
Abu Dhabi Etisalat’s divestment a breach of Nigeria commercial contract —–CBN Source
Indications are that the Nigeria monetary authorities are not happy with the way and manner Etisalat Abu Dhabi has acted in the…
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Nigerian National Petroleum Corporation, NNPC, said it has repaid its N450 billion indebtedness to the Federal Government. NNPC, in its April 2017 Monthly…