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CBN stops banks from sacking workers

    CBN stops banks from sacking workers

The Bankers Committee yesterday halted retrenchment by banks. Central Bank of Nigeria (CBN) Director, Banking Supervision, Tokunbo Martins, told reporters after the Lagos meeting, that bank workers who had been

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NCC: Visafone applied for shares transfer, not licence

    NCC: Visafone applied for shares transfer, not licence

The Nigerian Communications Commission (NCC) yesterday said it only granted approval to Visafone’s application to transfer its shares to MTN and not its spectrum licence. It said what has been

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Oil price hits one-year high at $53

    Oil price hits one-year high at $53

Global oil benchmark, Brent, jumped to a one-year high on Monday, after Russia said it was ready to join the Organisation of Petroleum Exporting Countries in curbing crude output. The

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OPEC ‘lost over $1tr to drop in oil prices’

    OPEC ‘lost over $1tr to drop in oil prices’

The Organisation of Petroleum Exporting Countries (OPEC) lost over $1trillion in revenues from the drop in crude prices globally, the Secretary-General of the body, Mohammad Sanusi Barkindo, has said. The

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Kia Motors rises to 69th in Interbrand’s 2016 Best Global Brands report

    Kia Motors rises to 69th in Interbrand’s 2016 Best Global Brands report

• Kia’s global brand value grows 12% to US$6.3 billion • Company’s brand value has increased seven-fold since 2006 •

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Revealed! Why MTN may abandon its Visafone acquisition

    Revealed! Why MTN may abandon its Visafone acquisition

There is speculation that MTN Group is likely to abandon its planned acquisition of CDMA network, Visafone Communications. This was

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Recession: IMF offers Nigeria, others zero-interest loans

    Recession: IMF offers Nigeria, others zero-interest loans

The International Monetary Fund is prepared to lend money to Nigeria and other countries facing economic crisis at zero interest

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Nigeria Drops to 127th Place on WEF’s Global Competitiveness Index

    Nigeria Drops to 127th Place on WEF’s Global Competitiveness Index

Nigeria has dropped three places to the 127th position on the latest World Economic Forum’s (WEF) Global Competitiveness Index (GCI)

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Dollar shortage: Erisco, tomato paste maker, suspends operations …may sack 1,500 workers

    Dollar shortage: Erisco, tomato paste maker, suspends operations …may sack 1,500 workers

About 1,500 employees of a Lagos-based tomato paste manufacturer, Erisco Foods Limited, are set to lose their jobs as the

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Customers Service Week: Heritage Bank Promotes Client’s Businesses

    Customers Service Week: Heritage Bank Promotes Client’s Businesses

Poised by a desire to partner and create wealth for their individual customers, the Heritage Bank took advantage of the

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