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Robbers tunnel into bank opposite police station, steal $500,000

In a heist reminiscent of a Hollywood movie, Kenyan robbers spent months building a tunnel into the bowels of a bank located opposite a police station and stole equivalent of half a million dollars, police said on Tuesday. Police said they had arrested two men and one woman over the robbery but had not recovered […] ...
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First Bank: Revised investment forecast put to test

First Bank: Revised investment forecast put to test

Despite the bullish investor sentiment at the backdrop of upwards review of Target Price (TP) by investment analysts, it seems that a rebalancing in the pricing of the stock of First Bank of Nigeria (FBN) Holdings has begun. The post First Bank: Revised invest...
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Stanbic IBTC Pensions pays over N279b to retirees

Stanbic IBTC Pensions pays over N279b to retirees

Stanbic IBTC Pension Managers Limited said it has paid over N279 billion to retirees since its inception in 2006. The post Stanbic IBTC Pensions pays over N279b to retirees appeared first on Vanguard News. ...
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Unemployment: Bank advocates sustained support to MSMEs

Unemployment: Bank advocates sustained support to MSMEs

The Development Bank of Nigeria (DBN) has called for a sustained support and improved access to finance for Micro, Small and Medium Enterprises (MSMEs) as a means of managing the growing employment crisis in the country. DBN Chairman Dr Shehu Yahaya made this ...
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4 bank security guards face N4.5m equipment theft charge

4 bank security guards face N4.5m equipment theft charge

 AN Igbosere Magistrates’ Court in Lagos on Friday fixed Nov 1 for a trial of four bank security guards who allegedly stole bank equipment worth N4.5 million. The accused, Michael Effiom, 37; Godwin Nwabudike, 40; [...] The post 4 bank security guards face ...
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Why Development Bank of Nigeria won’t collapse like others — MD

Why Development Bank of Nigeria won’t collapse like others — MD

THE newly established Development Bank of Nigeria (DBN) will not collapse like others before it, the Managing Director (MD), Mr. Tony Okpanachi, has said. The post Why Development Bank of Nigeria won’t collapse like others — MD appeared first on Vanguard N...
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IPOB’s Paris Bank Account Owner Unmasked By Security Agencies

IPOB’s Paris Bank Account Owner Unmasked By Security Agencies

Monday September 25, 2017- Owner Of IPOB Bank Account In Paris France Unmasked The owner of IPOB bank account recently uncovered in Paris has been unmasked. According the security sources, funds raised from the diaspora Nigerians’ donation and other sources...
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Banks’ liquidity: NUBIFIE urges FG to inject TSA fund into financial system

NATIONAL Union of Banks, Insurance and Financial Institutions Employees, NUBIFIE, has recommended that funds in the Treasury Single Account, TSA, be injected into the banking system to re-energize the sector and the economy in general. The post Banks’ liquid...
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Union Bank’s N50bn Rights Issue opens for subscription

Union Bank’s N50bn Rights Issue opens for subscription

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FMDQ approves registration of Wema Bank’s N50bn CP

FMDQ approves registration of Wema Bank’s N50bn CP

THE FMDQ OTC   Securities Exchange has approved the registration and listing of Wema Bank's N50 billion Commercial Paper (CP) programme on its platform. The post FMDQ approves registration of Wema Bank’s N50bn CP appeared first on Vanguard News. ...
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