By Omoh Gabriel The CBN said that its views on the impact of the financial crisis on the economy has been misinterpreted…
Category:
News
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The Federal Government has set up an inter-ministerial budget monitoring committee to ensure the speedy completion of ongoing power projects in the…
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FinanceNews
Anti consolidation forces regroup, targets take over of five top banks, *Move in on selected new generation`banks
By Omoh Gabriel LAGOS ‚Äî Anti consolidation forces have regrouped with the hope of dissembling the banks and forcing a take over…
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FinanceNews
Capital flight takes toll on the naira as $4.70bn flows out in 4 weeks, puts pressure on lending rates
By Omoh Gabriel, Business Editor The capital flight that hit the Nigeria economy has continued unabated as Nigerians, corporate bodies are still…
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By Omoh Gabriel, Business Editor Despite carrying on as if there are no problems whatsoever, indications emerged yesterday that some Nigerian banks…
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By Omoh Gabriel LAGOS ‚Äî Managing Director/CEO Global Fleet Energy and Chairman NICON Group, Barrister Jimoh Ibrahim yesterday urged President Umaru Yar‚ÄôAdua…
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By Omoh Gabriel Nigeria has been described as a future investment destination in Africa, according to a survey report released in London…
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Royal Dutch Shell declared force majeure on its Bonny Light shipments, while Nigerian crude was taken in two tenders on Thursday, traders…
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By Omoh Gabriel When the global financial melt down started mid last year, it was widely believed that the toxic assets in…
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FinanceNews
Does it bother you that your financial assets may go down in value because of the broader financial meltdown?
By Omoh Gabriel, AS the global financial melt down takes its toll on companies‚Äô share value, financial instruments and in recent time…
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By Omoh Gabriel, Group Business Editor 2009 is probably a year that Nigerians will be made to pay for the lack of…
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By Omoh Gabriel, Business Editor President Umaru Musa Yar‚Äô Adua has in the provision of the 2009 budget introduce austerity measure in…
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FinanceNews
Financial melt down: G20 urges IMF/World Bank to sustain the momentum of infra-structure investment for development in low income countries.
By Omoh Gabriel The ministers of Finance and Central Bank governors of the Group of 20 emerging economies that met in Brazil…
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By Omoh Gabriel The 14th Nigeria Economic summit has outlined the various huddles on the way of Nigeria’s bid to becoming one…
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Lots of resources now tied up in the central bank, Capital releases made that are not spent —– Muhtar At the ongoing…