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cisnigeria
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Latest information to members of the Institute
Latest information to members of the Institute

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Investors put emerging markets under closer scrutiny
Investors are waking up to the structural differences between countries classed as emerging markets and are becoming less inclined to treat them as a homogenous group, according to a survey published on Monday. It was learnt that the study by think-tank Create Research and asset…read more
http://www.punchng.com/business/capital-market/investors-put-emerging-markets-under-closer-scrutiny/
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FG, US consortium sign MoU for 400MW plant
The Federal Government on Monday signed a Memorandum of Understanding with a United States of America consortium, Team Africa, for the construction of a 400-megawatt power plant in Bayelsa State…read more
http://www.punchng.com/business/business-economy/fg-us-consortium-sign-mou-for-400mw-plant/
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Higher Food Prices Push Inflation to 8% in May
Nigeria's year-on-year consumer price index (CPI) which measures inflation rose to eight per cent in May compared to 7.9 per cent the previous month, according to the National Bureau of Statistics (NBS)…read more
http://www.thisdaylive.com/articles/higher-food-prices-push-inflation-to-8-in-may/181124/
http://www.punchng.com/business/business-economy/bread-meat-prices-push-inflation-to-8-nbs/
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PayPal Expands Payment Services to Nigeria, 9 Other Market
PayPal is set to enter Nigeria and nine new countries this week. A total of 80 million internet users stand to gain access to PayPal global services. They include those in five European markets - Belarus, Macedonia, Moldova, Monaco and…read more: http://www.thisdaylive.com/articles/paypal-expands-payment-services-to-nigeria-9-other-market/181125/
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Delegates Call for Urgent Action to Salvage Power Sector
The National Conference Monday called on the federal government to declare a state of emergency in the power sector as part of strategies to arrest the deteriorating state of electricity supply in the country…read more
http://www.thisdaylive.com/articles/delegates-call-for-urgent-action-to-salvage-power-sector/181131/
http://www.punchng.com/business/business-economy/declare-emergency-in-power-sector-delegates-urge-jonathan/
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NDIC plans deposit insurance coverage for mobile banking
The Nigeria Deposit Insurance Corporation may soon introduce deposit insurance coverage for mobile banking subscribers. The NDIC noted that in a situation where a bank failed, the insured mobile account…read more
http://www.punchng.com/business/money/ndic-plans-deposit-insurance-coverage-for-mobile-banking/
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ATM Errors: CBN Orders Banks to Refund Monies to Customers
The Central Bank of Nigeria (CBN) has directed all deposit money banks (DMBs) in the country to return all monies in their possession as a result of Automated Teller Machines’ (ATMs’) non-dispense or partial dispense errors to their customers…read more: http://www.thisdaylive.com/articles/atm-errors-cbn-orders-banks-to-refund-monies-to-customers/181126/
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Diamond Bank Applies to Raise N50.37bn through Rights Issue
Diamond Bank Plc last week submitted an application to the Nigerian Stock Exchange (NSE) to raise about N50.374 billion via a rights issue as part of the bank’s capital raising exercise. Shareholders of the financial institution had recently given...http://www.thisdaylive.com/articles/diamond-bank-applies-to-raise-n50-37bn-through-rights-issue/181118/
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FBN Holdings Assures Shareholders of Higher Returns
The Group Chief Executive Officer of FBN Holdings Plc, Mr. Bello Maccido, yesterday said the company is putting the needed strategies in place to deliver higher returns to shareholders in the years ahead…
http://www.thisdaylive.com/articles/fbn-holdings-assures-shareholders-of-higher-returns/181122/
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NCP approves privatization of Abuja Securities & Commodities Exchange
The National Council on Privatisation, NCP, has approved the commencement of the privatisation process of the
Abuja Securities and Commodities Exchange, ASCE, with the formation of a steering committee to be chaired
by the Minister of Industry, Trade and Investments. Council noted that a privatised ASCE would provide stable
prices and a sure market for all agricultural produce locally…
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