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AfDB Group appoints Ismaila Dieng as Director of Communications, External...

Ismaila Dieng             The African Development Bank Group is pleased to announce the appointment of Ismaila Dieng as Director of Communications and External Relations, effective 1st September 2016....

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AfDB Group Names Professor Vincent Nmehielle as Secretary General

Vincent Nmehielle         The African Development Bank is pleased to announce the appointment of Professor Vincent Nmehielle as the Secretary General of the African Development Bank Group with effect...

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Pan-African Re/Insurance Journalism Awards 2017 now open for submissions.

Continental Re logo         Continental Reinsurance Plc has today launched the second edition of the Pan-African Re/Insurance Journalism Awards. The competition, open to both English and...

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Royal Exchange Grows Gross written Premium by 34%, Premium income by 17%

Alhaji Auwalu Muktari, GMD Royal Exchange Plc         Top underwriter, Royal Exchange Plc on Friday released its financial result for the half year period (H1) 2016. The insurer in a statement made...

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Nigeria naira ends 5.2 pct higher after central bank dollar sale

Naura             Nigeria’s naira ended 5.2 percent higher at 308 per dollar on Friday after the central bank sold dollars to support the currency, traders said. The naira, which touched an all-time...

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Access Bank NPLs to Total Gross Loans Stand at 1.9% in H1’16 As Against 1.7%...

Access Bank logo                 Access Bank” or the “Bank”), the full service commercial bank with headquarters in Nigeria and with operations across Sub-Saharan Africa, the UK, Asia and the Middle...

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NSIA/OMIG Partnership – Implications for Investment Opportunities

The Nigeria Sovereign Investment Authority (NSIA), managers of Nigeria’s Sovereign Wealth Fund recently signed a partnership agreement with South Africa’s Old Mutual Investment Group (OMIG) to...

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NEXIM Bank to help generate $5bn yearly with facilities for exporters

Bashir Wali, MD/CEO NEXIM         Pull quote: “The funds are expected to attract and incentivize new and additional investments to the non-oil export sectorand enhance their competitiveness.” The...

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IMF Mission Visits Suriname for First Review of Stand By Arrangement

Daniel Leigh, IMF Mission Chief to Suriname An International Monetary Fund (IMF) staff mission, led by Mr. Daniel Leigh, visited Paramaribo from August 8 to 18, to initiate discussions on the first...

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Cordros Asset Management Boss Advises Investors on Mutual Funds

Investors have been advised to use professionals and diversify their investments in order to minimise risks and enjoy competitive returns through mutual funds considering the volatility in the Nigerian...

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Buhari declares AACB confab open, hails CBN interventions

L-R: President Mohammed Buhari and the Governor of Central Bank of Nigeria (CBN) Godwin Emefiele when the President declared  open the 39th Ordinary Session of the Assembly of Governors of the...

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CBN Insist Skye Bank Is Neither Distressed Nor Liquidated

Skye Bank Branch Office       The  Central Bank of Nigeria (CBN) has debunked claims that Skye bank has been liquidated. The apex bank in a notice it posted on its official website dated  and signed by...

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Photo News: Fashola At The 1st City People Real Estate and Housing Lecture In...

Hon. Minister of Power, Works and Housing, Mr Babatunde Fashola, SAN(2ndright), Publisher of the City People Mazagine, Mr Seye Kehinde(right), General Secretary , Association of Real Estate  Developers...

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TUC Condemns Proposef 9% Hike On Calls, SMS, Other

TUC logo           *Warns NASS Nit To Pass Bill   The Trade Union Congress of Nigeria (TUC) condemns in strong terms the Federal Government’s proposed imposition of Communication Service Tax (CST) as...

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Culture, tourism key to addressing challenges of lean resources, unemployment...

Lai Mohammed       The Minister of Information and Culture, Alhaji Lai Mohammed, has said culture and tourism are key to addressing the challenges posed by lean resources and unemployment in the...

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Access Bank Plc Impressive Earnings Beat Estimates, PAT Up by 26% YoY

Access Bank        Strong top line growth amidst cost containment, PAT up 26% y/y ACCESS released H1’16 result showing impressive top and bottom line growth – 3% and 5% ahead of our estimates...

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CIIN holds 2016 professionals’ forum

Insurance professionals would from Wednesday, August 31 to Saturday, September 3, 2016, gather in Abeokuta to brainstorm on how to promote their businesses amidst the present economic challenges. The...

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NEXIM Bank seeks collaboration with Bauchi State Government in boosting...

L – R: Mr Bashir M. Wali, Acting MD/CEO, NEXIM Bank; and His Excellency Mohammed Abdullahi Abubakar, Governor of Bauchi State at the Bauchi State Liaison Office in Abuja       Mr. Bashir M. Wali, the...

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NSE and Bloomberg set to hold 2nd CEO Roundtable

NSE logo *With the theme ““Navigating the Changing Business Landscape in Nigeria”       The Nigerian Stock Exchange (NSE) in collaboration with Bloomberg is set to host the 2nd NSE Bloomberg CEO...

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Don’t Sell Forex without Appropriate Documentation- CBN Tells Banks

Godwin Emefiele, CBN Boss The Central Bank of Nigeria (CBN) has asked commercial banks not to sell foreign exchange without appropriate documentation and disclosure to authorities, irrespective of the...

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