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CBN Direct Banks to Allocate 60% of Their FX to Manufacturing Companies

CBN logo The Central Bank of Nigeria (CBN) on Tuesday directed banks to allocate 60 percent of their foreign exchange purchases to manufacturers, in order to help them pay for imports and boost the...

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Our Priority Is To Ensure Graceful Retirement- IEI-Anchor Pensions Boss

President, National Association of Insurance and Pension Correspondents (NAIPCO) Modestus Anaesoronye; Managing Director IEI-Anchor Pension Managers Limited, Glory Etaduovie; Head Business Development...

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Great Nigeria Insurance pays over N0.7bn claims in six months

Cecilia Osipitan, MD, GNI               Poised to remain committed to prompt claims payment, Great Nigeria Insurance Plc, said it has paid over N700 million to claimants between January and June 2016....

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Photo News: AIICO Pension Managers unveils Joke Silva as brand ambassador

L-R: Managing Director APML, Eguarekhide Longe and Brabd Ambassdor Joke Silva at the unveiling

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AfDB Earmarks $24 Billion for Investments in Agricultural Innovations

AfDB logo                   The President of the African Development Bank (AfDB), Akinwumi Adesina, has outlined a roadmap towards the transformation of agriculture in Africa. The President laid...

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AfDB,Japan Announce US$3 Billion Private Sector Development Initiative to...

Japan Flag                     The African Development Bank (AfDB) and the Government of Japan announced today they have set a joint target to provide US$ 3 billion for private sector development in...

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FirstBank Partners Nigerian-British Chamber of Commerce to Drive MSME Growth

First Bank logo Nigeria’s premier financial Institution and most valuable bank brand, First Bank of Nigeria Limited has partnered the Nigerian-British Chamber of Commerce (NBCC) to jointly host a...

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IOSCO Good Practice for CIS Fees and Expenses seeks to enhance market efficiency

IOSCO logo                   The Board of the International Organization of Securities Commission today published the final report on Good Practice for Fees and Expenses of Collective Investment...

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CBN re-admitted UBA into FOREX Market

UBA logo         Further to the directive of the Central Bank of Nigeria (CBN) to all Deposit Money Banks (DMBs) to return all outstanding unremitted NNPC/NLNG foreign currency, this is to confirm that...

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Proposed rule – Rule on application of 12 years and above unclaimed dividends

SEC Building               Pursuant to the provisions of Section 313(1)(n) of the Investments and Securities Act (ISA) 2007, the Commission hereby proposes this Rule: Companies and Registrars in...

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AfDB to support community-backed healthcare initiatives in Africa

AfDB logo         The African Development Bank (AfDB) has pledged funding and technical support to roll out community-based healthcare initiatives around Africa at the Sixth Tokyo International...

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AfDB, World Bank strategic alliance positions Africa to attract Japanese...

President African Development Bank, Akinwunmi Adesina and World Bank President Jim Yong         Arican Development Bank (AfDB) President Akinwumi Adesina and World Bank President Jim Yong Kim, leading...

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Japan chooses AfDB to implement bold new infrastructure plan for Africa

Visiting Japanese Prime Minister Shinzo Abe has announced a bold new African infrastructure plan worth US $10 billion over the next three years to be implemented by the African Development Bank (AfDB),...

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Ambode Gives December Deadline For Delivery Of Berger Expansion Projects

Lagos State Governor, Mr. Akinwunmi Ambode (2nd right); Commissioner for Works & Infrastructure, Engr. Ganiyu Johnson (right); Project Manager, China Civil Engineering Construction Corporation...

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Lagos Reads Riot Act To Owners Of Illegal Structures, Street Hawkers In...

Lagos logo       *ssues 14-Day Ultimatum           The Lagos State Government on Sunday read the riot act to all the owners of illegal structures, shanties, street hawkers and those who have converted...

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As Love Lagos Campaign Peaks In London   The sound and sight of Lagos will on Monday dominate the popular Nothinghill Carnival in London as the #LoveLagosWeekend campaign enters Day three.   To this...

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Rainfall : Lagos Allays Fears Of Residents, Appeals For Calm

Lagos logo             The Lagos State Government has allayed the fears of residents over the torrential rainfall witnessed in the State on Sunday, saying that necessary steps had been taken to avert...

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IMF Launches Japan-Funded Project to Improve External Sector Statistics In...

IMF logo         The International Monetary Fund (IMF) launched on August 29, 2016 a three-year capacity development project to improve the external sector statistics in Central and West Africa....

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OUR Commitment To Make Lagos Uncomfortable For Criminals Unwavering- Ambode

Gov. Akinwunmi Ambode   *Commissions Newly Rehabilitated 33,000 litres Fuel Dump Facility For Police       Lagos State Governor, Mr. Akinwunmi Ambode on Monday commissioned the newly rehabilitated fuel...

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FBNInsurance Disburses N250,000 to indigent students

Val Ojumah       In line with her Corporate Responsibility and Sustainability policy, FBN Insurance Limited on Moday said it has awarded scholarships worth N250,000 to indigent students of Aragba...

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