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Stanbic IBTC Bank Nigeria PMI®: Private sector activity continues to expand but intense cost pressures weigh on growth.

Nigeria’s private sector concluded the third quarter of 2021 with a modest expansion in business conditions. Quicker uplifts were seen in new orders, employment and stocks of purchases, but output growth moderated for the second month running. Nevertheless, optimism improved to a seven-month high. Material scarcity and unfavourable exchange rate …

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How Fidelity Bank Aided Convicted Maina To Steal pensioners’ N2 billion

Abdulrasheed Maina’s reign of impunity while feasting on pensioners’ money was facilitated, expedited, accelerated and in collaboration with Nigeria’s known player in financial industry. Again, Fidelity Bank Plc that was incriminated in Diezani Alison-Madueke’s money laundering case, aided and acted as conduit through which Maina made an extraordinary, mind boggling, …

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