By Omoh Gabriel The Central Bank of Nigeria has said that banks found to be involved in unwholesome asset trading will be…
Category:
Finance
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THE Turkish Minister for Foreign Trade, Zafer Caglayan disclosed yesterday that the volume of trade between Nigeria and Turkey stands at about…
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By Omoh Gabriel, Business Editor The Central Bank yesterday said it has expanded the N500 billion power and industry revival funds to…
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By Omoh Gabriel Mr. Akinsola Akinfemiwa is the outgoing Managing Director of SkyeBank PLC. He has seen many days in the banking…
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By Omoh Gabriel, Business Editor The estranged Managing Director of Intercontinental Bank has disclosed that Saraki is behind the travails of Intercontinental…
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African Central Banks Push Lenders to Fund Companies Rather Than Buy Debt African central banks are pushing lenders to cut purchases of…
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South Africa‚Äôs FirstRand Group, which owns First National Bank (FNB), is the latest financial services provider to be plotting expansion beyond its…
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FinanceNews
Federation account got N 2.1335 trn from oil in Q1 2010 as Shell holds back $40 bn investment
By Omoh Gabriel Nigeria earned a total of N 1.66137 trillion from the export of 142.35 million barrels of crude oil in…
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By Omoh Gabriel Nigerians spent a total of N34.63billion in 2008 on pilgrimage to Mecca and Jerusalem. Of this amount the Muslim…
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FinanceNews
Dangote, others move against bulk cement importation, Committee to review policy underway
By Omoh Gabriel, Business Editor Cement manufacturers in the country have petitioned the President alleging that the ministry of commerce has opened…
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FinanceNews
Gusau slam on CBN is a vote of no confidence,-Sanusi should resign stakeholders – he made some mistakes others
By Omoh Gabriel, Peter Egwuatu, Oscar Chimaobi, Mike Eboh Nigerians of various calling have reacted to the comment made by the National…
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Shareholders‚Äô groups across the country and financial experts have described the ongoing move by the Central Bank of Nigeria (CBN) to sell…
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Indication emerged yesterday that the report of the Nigeria Stock Exchange on the role of Business mogul Aliko Dangote on AP shares…
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Nigeria expects its budget deficit to widen to 6.1 percent of GDP this year, more than double the level set under a…
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FinanceNews
EFCC, SSS arrest sacked bank CEOs *CBN guarantees foreign loans of bailed out banks * Court grants Akingbola leave to challenge his removal
By Omoh Gabriel The Economic and Financial Crimes Commission ( EFCC) said yesterday that it has arrested three of the five former…