

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Communique Issued At The End Of MPC Meeting In Abuja
In summary, the MPC in November 2018 voted unanimously to: Retain the MPR at 14 per cent; Retain the asymmetric corridor of +200/-500 basis points around the MPR; Retain the CRR at 22.5 per cent; and Retain the Liquidity Ratio at 30 per cent. Full Text Background The Monetary Policy Committee (MPC) met on […]
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SENATE EXPRESSES COMMITMENT FOR SPEEDY AMMENDMENT OF NDIC ACT
The Senate Committee on Banking, Insurance and Other Financial Institutions has expressed a strong Commitment for the accelerated amendment of the Nigeria Deposit Insurance Corporation (NDIC) Act, 2006, to eliminate the gaps that have hindered the full realization of the public policy objectives of the implementation of the Deposit Insurance System (DIS) in Nigeria. The […]
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Ecobank Wins MSME Award for 2018
The Board of the Nigeria Entrepreneurs Award (NEA) has named Ecobank Nigeria as the best Supporting Bank to Micro, Small and Medium Scale Enterprises in Nigeria for 2018. According to the board, Ecobank was selected alongside winners in other categories following a rigorous process that saw 2,364 nominations across different sectors for their socio-economic […]
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AngelNikky Beauty Complex Unveiled
After debuting AngelNikky’s Cosmetics recently , AngelNikky Concepts Ltd has officially unveiled AngelNikky’s Clothier , a clothing line for all ages. The unveiling took place at the launch of AngelNikky’s Beauty Complex located at 23 Gani Adams Road , Soba , Abuleado Festac , Opposite Bethlehem Girls College, Lagos . Speaking to NewsCorner , the […]
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WHO , Partners Launch New Country-Led Response Against Stalled Malaria Control Effort
Reductions in malaria cases have stalled after several years of decline globally, according to the new World malaria report 2018. To get the reduction in malaria deaths and disease back on track, WHO and partners are joining a new country-led response to scale up prevention and treatment, and increased investment, to protect vulnerable people from […]
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Poor budgetary allocation is responsible for abysmal performance of Nigerian Universities —- Bogoro
Prof. Suleiman Bogoro, a former Executive Secretary of Tertiary Education Trust Fund (TETFUND), has said that poor budgetary allocation is responsible for poor and abysmal performance of Nigerian Universities. This is even as he said that over 95 percent of capital infrastructure provisions in the nation’s universities is from the education intervention agency. According to […]
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LCCI To Graduate 49 Entrepreneurs
The Lagos Chamber of Commerce and Industry (LCCI), is set to hold a graduation ceremony for 49 young entrepreneurs who have successfully participated and completed the 2018 edition of its annual Mentoring Programme. According to LCCI, the young entrepreneurs will be unveiled and presented with certificates of participation and completion of the annual project. The […]
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Turkish Airlines posts record profit of more than USD 1 billion
Due to the increasing demand and unit revenues, Turkish Airlines posted profit from main operations of USD 1 billion 149 million, in the first 9 months of 2018, despite the increasing fuel prices. Turkish Airlines, managed to increase both passenger and cargo revenue significantly, achieved a total revenue of approximately USD 4 billion in the […]