By Babajide Komolafe
Operating surplus of the Central Bank of Nigeria (CBN) fell sharply for the operating year ended 31st December 2008, reflecting the impact of the global financial crisis on the operations of the bank.
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THE International Institute of Tropical Agriculture (IITA) in partnership with Nigerian farmers has begun preliminary trials of propagating yam through vine cuttings on farmers’ fields in Niger State.
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The Nigerian Stock Exchange on Tuesday held a "town hall"
meeting with the chief executive officers of quoted companies "to provide an
interactive session that would strengthen their partnership."
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A Non-governmental organisation (NGO), the Media Rights Agenda,
has decried the late release of the Nigerian Extractive Industries Transparency
Initiative (NEITI) annual report, which is supposed to be published not later
than six months into ...
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Nigeria’s new
central bank governor, Lamido Sanusi, won strong approval from foreign
investors when he used his first policy meeting to unveil a
root-and-branch reform of the country’s banking system.Once a darling of
frontier markets, Nigeria...
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The plunging of
share prices that was witnessed at the Nigerian Stock Exchange (NSE)
last week Friday continued at the close of trading on Wednesday.The NSE’s market
capitalisation on Wednesday closed lower at ?5.961 trillion, from
?5.966 tril...
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By Michael Eboh
….To peg nominal share value at N1
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A consortium of eight Nigerian banks led by UBA, as the lead bank, are in a $265million supplementary refinancing deal for ExxonMobil and the Nigerian National Petroleum Corporation (NNPC). The banks are United Bank for Africa Plc, Oceanic Ban...
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