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Real estate value firms up as banks slow down in foreclosure

  MONDAY, 28 JUNE 2010 01:17 BLESSING ANARO     In spite of the generally acknowledged real estate volatility, especially in Lagos, which interestingly appears to have subsided of recent, rents, fair enough, are still down – with rents in the low density areas sliding by 15 percent since March.   […]

Naira to firm further as Chevron, Mobil, others hit market with dollars

  MONDAY, 28 JUNE 2010 01:11 BLESSING ANARO     The Naira is expected to have a good run this week following anticipated flooding of the market with United States dollars from oil companies. Specifically, Chevron is said to have sent a notice of its month-end dollar sales to some banks […]

Banks May Opt Out, As Proposed AMCON Creates Fresh Apprehension

  Sunday, 27 June 2010, Lagos:  The uncertainty over the template on which the proposed public Asset Management Company of Nigeria (AMCON) recently passed by the Senate, would function may have thrown operators of the capital market into yet another round of apprehension. Also, there are indications that some banks […]