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Absa Bank rules out Nigerian bank acquisition - Vanguard News NigeriaSouth African leading commercial bank, Absa (Amalgamated Bank of South Africa) has ruled out the acquisition of a Nigerian bank in the pursuit of its aggressive growth strategy. Absa’s Chief Executive Officer, Maria Ramos, disclosed this to Reuters on the sidelines of the World Economic Forum in Davos yesterday.
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$100 million unspent funds: Dogara wades into World Bank project controversySpeaker of the House of Representatives, Yakubu Dogara, has directed the Chairman, House Committee on Rules and Business, Edward Pwajok, to find out what has become of the ad hoc committee investigating the Growth and Employment (GEM) Project.
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FOREX: CBN injects $210m into inter-bank marketThe Central Bank of Nigeria (CBN) on Tuesday continued its intervention in the inter-bank foreign exchange market with the injection of another $210 million.
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Dogara intervenes in delayed $100m World Bank projectSpeaker of the House of Representatives, Mr. Yakubu Dogara, has directed the Chairman, House Committee on Rules and Business, Edward Pwajok, to find out what has become of the ad hoc committee inve...
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Bank Says National Debt Hits 56.5% Of GDPKenya’s Central Bank governor, Patrick Njoroge, says the national debt reached 56.5 per cent of the Gross Domestic Product (GDP) in September, 2018. Njoroge told a news conference on Tuesday in Nairobi that the apex bank, however, had room to refinance the debt to reduce the costs of servicing it. He said that the apex […]
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Kenya’s apex bank says national debt hits 56.5 percent of GDPKenya's debt profile had risen from 42 percent of the GDP since President Uhuru Kenyatta came to power in 2013, angering opposition critics.
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