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April elections: CBN moves to check inflation … raises interest rate to 6.5%

By Ifeanyi Onuba, Abuja Wednesday, 26 Jan 2011 The Central Bank of Nigeria on Tuesday moved to check inflation ahead of the April elections by increasing the Monetary Policy Rate by 25 basis points, from 6.25 per cent to 6.5 per cent. The MPR is the anchor rate at which the […]

Costain faces fight to take over Mouchel

LONDON: Costain faces a fight with larger rivals to pull off a takeover of business services group Mouchel as other suitors look to take advantage of Britain’s recovering outsourcing market. British engineer Costain, which maintains the United Kingdom’s motorways and works across the marine, energy and construction sectors, on Friday […]

Costain faces fight to take over Mouchel

LONDON: Costain faces a fight with larger rivals to pull off a takeover of business services group Mouchel as other suitors look to take advantage of Britain’s recovering outsourcing market. British engineer Costain, which maintains the United Kingdom’s motorways and works across the marine, energy and construction sectors, on Friday […]