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Okonjo-Iweala: 1.2 million jobs created in 2013

    Okonjo-Iweala: 1.2 million jobs created in 2013

The Nigerian government generated a whopping 1.2 million jobs in 2013 and another 500, 000 more in the second quarter of 2014, Ngozi Okonjo-Iweala, the coordinating minister of the economy and minister of

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CBN ready to punish corporate governance infringements

    CBN ready to punish corporate governance infringements

The Central Bank of Nigeria (CBN) has stated its resolve to heavily sanction financial institutions that flout its corporate governance and risk management rules. It also said the Bank and Other Financial Institutions

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French phone, Wiko, launches 10 phone models in Nigeria

    French phone, Wiko, launches 10 phone models in Nigeria

France’s Wiko, the “fastest-growing phone brand in Europe”, will formally make its entry into Nigeria on Wednesday, October 22, 2014. Wiko is introducing to Nigeria 10 of the 22 models in its

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China economic growth slows to five-year low

    China economic growth slows to five-year low

The big headline of the day is that China’s economy expanded at a five year low of 7.3%. This figure is below Beijing’s 7.5% target and the slower growth will

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Court sacks Jimoh Ibrahim as Newswatch owner

    Court sacks Jimoh Ibrahim as Newswatch owner

A federal high court in Lagos has quashed the Share Purchase Agreement (SPA) that transferred ownership of Newswatch Communications Limited to

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[Market Review] USD profit-taking intensifies

    [Market Review] USD profit-taking intensifies

EURUSD – Not what Draghi was hoping for   For months, the European Central Bank (ECB) and its president Mario

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Stock market loses N1tr amid falling oil prices

    Stock market loses N1tr amid falling oil prices

The decline in the prices of crude oil in the international market seems to be taking its toll on the

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BDCs appeal to CBN for forex increase to $50,000

    BDCs appeal to CBN for forex increase to $50,000

The Association of Bureau De Change of Nigeria (ABCON)  has appealed to the Central Bank of Nigeria (CBN) for an

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Oriental Energy tackles Afren over sleaze allegations

    Oriental Energy tackles Afren over sleaze allegations

Muhammadu Indimi, executive chairman of Oriental Energy Resources Limited, has reacted to a series of allegations in a recent press

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NSE market capitalisation drops by N97bn on a bearish trend

    NSE market capitalisation drops by N97bn on a bearish trend

Weekly transactions on the Nigerian Stock Exchange (NSE) ended on Friday on a bearish trend as the market capitalisation depreciated by

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