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Courtesy: Oceanic Capital;
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CBN set to restructure currency operations  

As part of the restructuring programme of the Central Bank of Nigeria (CBN), has invited interested service providers with good experience in currency processing and distribution to take over the designing, issuance and dispensing of currency. Mr. Ben Onyido, Director of Currency Operations of the bank, stated this recently during a press briefing in Lagos........................

 
   
IPO: National Sports Lottery projects 159% dividend growth  

Participants in the ongoing Initial Public Offer (IPO) coming from National Sports Lottery (NSL) Plc should expect a 159 per cent increase in dividend earnings for the 2009 financial year compared with that of 2008. The dividend forecast presented in the offer prospectus shows that at the close of the 2008 financials, a dividend of 37kobo per share would be distributed while the figure would increase to 96kobo per share representing 159 per cent appreciation.......................

 
   
 
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