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Banking/Investments

DMO warns FG against borrowing above $22.8bn in 2017

The Debt Management Office (DMO) has advised the Federal Government not to borrow above $22.08 billion in 2017. It gave the recommendation yesterday in its 2016 Debt Sustainability Analysis (DSA) ...

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Ambode mulls economic team as Lagos becomes 5th largest economy in Africa

Lagos State Governor, Akinwunmi Ambode yesterday expressed joy at the emergence of Lagos as the fifth largest economy in Africa. To deepen the advantage, he said his administration is in ...

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Anxiety as Buhari seeks NASS approval to borrow $30bn

nass complex

Indication emerged yesterday that recession is closing in on the crescendo as President Muhammadu Buhari has asked the National Assembly to approve his administration’s external borrowing plan of $29.960bn for ...

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Fidelity Bank launches ‘Get Alert in Millions Savings Promo’

Fidelity Bank Plc has unveiled its sixth promo tagged ‘Get Alert in Million Savings Promo” as part of its promise in helping to enrich its customers with the culture of ...

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NSE welcomes the initiatives Plc to ASEM

NSE House

Efforts by The Nigerian Stock Exchange (NSE or The Exchange) to encourage indigenous firms to list their shares on its market has been bolstered with the listing 889,981,552 ordinary shares ...

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Zenith Bank sustains lead, records N380b gross earnings in Q3

Zenith MD

More indications have emerged showing that current hard times facing every institution in the country may have been contained by leading banking institution, the Zenith Bank Plc considering its latest ...

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FCMB gives insights on delayed filling of Q3 accounts

The First City Monument Bank (FCMB) Group Plc is to release its nine months ended 30 September 2016 (3Q16) accounts before the end of November, this year. Notifying the Nigerian ...

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Fitch Rates Access Bank’s Senior Notes ‘B’

Global banking rating group, Fitch Ratings has assigned Nigeria-based Access Bank Plc’s (Access) issue of USD300m 10.5% senior unsecured notes due 2021 a ‘B’ rating. The Recovery Rating is ‘RR4’, ...

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UBA hits double at Finacle Awards

uba-gmd-kennedy-uzoka

United Bank for Africa Plc has received global recognition for using cutting-edge technology to provide simple and convenient banking services to its customers. The lender said it was adjudged winner ...

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NIPOST may begin banking services soon—FG

Indication has emerged that the federal Government is set to give banking licence to the moribund NIPOST as a way of returning the federal agency to relevance after innovative telecoms ...

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