• Okereke-Onyiuke

    NDIC Faults Okereke-Onyuike’s Call To Merge NDIC With AMCON

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    The Nigeria Deposit Insurance Corporation (NDIC) has faulted the call of the former director-general, Nigerian Stock Exchange(NSE) Dr. Ndidi Okereke-Onyuike, to merge the corporation with Asset Management Corporation of Nigeria (AMCON), noting that the remarks is a glaring indication that the Ex-DG of NSE clearly lacked adequate understanding of the roles of NDIC in the…

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    Inflation Rises To 18.3%, Highest In 11 Years

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    The National Bureau of Statistics (NBS) yesterday disclosed that Nigeria’s headline inflation, a measure that shows the rate at which consumer prices advanced, had risen to an 11-year high of 18.3 per cent in the month of October. This is a 0.48 percentage rise compared to 17.9 per cent inflation that was recorded in September…

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    UBA Wins Best CSR Company In West Africa

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    Pan African banking group, United Bank for Africa (UBA) has emerged the best institution in Corporate Social Responsibility (CSR) in West Africa. Its CSR arm; UBA Foundation won the best CSR/Sustainability, West Africa Award at the 10th SERAs (Social Enterprise Report Awards) ceremony which held at the Muson Centre in Lagos last Friday. Since 2006,…

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    Nigerian Banks To Start Losing Money-Bloomberg

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    According to a Bloomberg report, Nigerian banks may start losing money from the next quarter following the protracted forex issues in the country. While other sectors have been hit by a substantial loss in income and profit, banks had been faring okay. According to the report, it is believed that some of the banks benefited…

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