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Diamond Bank boosts SMEs with N3bn |
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By Donald Ugwu Diamond Bank plc said it has given N3 billion as loans to micro, small and medium scale Enterprises (MSME) in the last nine months to boost that sector of the economy. |
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UBA shareholders give nod for N500bn bonds |
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Shareholders of Untied Bank for Africa plc have given their nod to the board’s quest to raise N500 billion additional capital to boost the bank’s operations. |
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NEXIM: New management, greater challenges |
 When, mid-last month, President Umaru Musa Yar’adua sacked Baba Yusuf Ahmed, immediate past Managing Director of the Nigeria Export Import Bank (NEXIM), not a few keen observers raised eyebrows. Why will the president sack Mr. Ahmed, barely one year into his second four-year tenure, which was renewed by the same administration? |
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Oceanic Bank hails appointment of ED’s |
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The Managing Director of Oceanic Bank, Mr. John Aboh, has hailed the appointment of four executive directors for the bank by the Central Bank of Nigeria (CBN) as a move to boost ongoing efforts aimed at enhancing the bank’s growth and profitability. |
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