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Banking/Investments

Economic policies on sound market principles will ease recession—Stanbic boss

stanbic-ibtc-bank-plc

The Chief Executive Officer of Stanbic IBTC Holdings Plc, Ms. Sola David-Borha has given fresh antidote for the way out of the nation’s economic woes, saying the key to creating ...

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Ajaokuta, Itakpe concession plans modified for Nigeria’s interest—Fayemi

Ajaokuta-sc

The federal government has disclosed that it has not only modified the planned concessions of both Ajaokuta Steel Company and Itakpe Steel Rolling Mills but the modification will generate huge ...

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Market bleeding may stretch to this week as investors lose N80bn last week

NSE House

For the fact that the market All-Share Index (NSE ASI) and the Market Capitalization which opened penultimate Monday at 25,537.54 and N8.791 trillion depreciated by 0.80 per cent to close ...

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S/East traders decry official abandonment of Onitsha River Port 4 years after

An issue of urgent regional importance was thrown up at the recent official visit and tour of Innoson Motors manufacturing plant in Anambra State by the Vice President, Prof Yemi ...

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Economic policies on sound market principles will ease recession—Stanbic boss

The Chief Executive Officer of Stanbic IBTC Holdings Plc, Ms. Sola David-Borha has given fresh antidote for the way out of the nation’s economic woes, saying the key to creating ...

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FCMB plans N7.5bn tier-II debt issue, grosses N140.7bn in Q3

FCMB

First City Monument Bank Limited (FCMB) is currently perfecting plans to raise 7.5 billion naira ($25 million) in Tier-II supplementary debt by year-end to strengthen its capital base. This is ...

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Union Bank seeks stakeholders nod for N50bn share sale

union bank

Ageless and ever innovative financial group, Union Bank of Nigeria is currently planning to seek shareholder approval next month to raise 50 billion naira ($158.7 million) through a share sale ...

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Chukwu traces loss of confidence on naira to FG’s crowded forex initiatives

CBN emefiele 2

The chief executive officer of Cowry Asset Management, Mr. Johnson Chukwu has unveiled the reasons behind the steady loss of confidence on naira, saying the trend may continue next year ...

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Singaporean investors target stakes in telecoms spectrum to grow broadband

NCC Danbatta

More facts have come up on why the Singapore Investment Corporation (SIC) embarked on fact-finding mission to Nigeria. Their interest is in spectrum currently being prepared by the Nigerian Communications ...

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Poor airport infrastructure, policy inconsistency killing commercial exports

MMIAirport

More facts have emerged on why the ongoing diversification campaign by the federal government may not work in the exportation of several local products from airports. Explaining this challenge in ...

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