Your daily business news! British Land Co., the U.K.’s second- largest real estate investment trust by market value, increased its dividend for the fiscal first quarter by 2.3 percent and said it’s confident about future profit growth. bloomberg/news/2013-07-24/british-land-raises-dividend-as-u-k-economy-begins-to-recover.html The Central Bank of Nigeria, yesterday, further reduced the amount of money in the economy by directing banks to keep 50 per cent of public sector deposits as Cash Reserve Requirement, CRR. vanguardngr/2013/07/cbn-directs-banks-to-keep-50-of-public-sector-deposit-as-cash/ Following the stable exchange rate regime in Nigeria and Gross Domestic Products (GDP) growth numbers, put at 6.8 per cent, portfolio transactions in investment have continued to rise with the value estimated to hit $27.2 billion (N4.2 trillion) by the end of this year. thisdaylive/articles/portfolio-investment-in-nigeria-to-hit-27-2bn-by-dec/154192/ The Senate Tuesday put to rest the raging controversy surrounding the 2013 Budget Amendment Bill as the bill scaled second reading at the plenary and was consequently committed to the Committee on Appropriation for further legislation. thisdaylive/articles/2013-budget-amendment-bill-scales-second-reading-in-senate/154223/
Posted on: Wed, 24 Jul 2013 13:25:59 +0000
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