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        <title><![CDATA[Posts feed]]></title>
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                <description><![CDATA[Latest posts from Hexcelon Finance LTD. - Trusted Liquidity Solution]]></description>
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        <pubDate>2024-08-05T10:56:43+00:00</pubDate>

                    <item>
                <title><![CDATA[MTN Nigeria records N887bn FX losses]]></title>
                <link>https://www.hexcelonfinance.com/blog/mtn-nigeria-records-n887bn-fx-losses</link>
                <description><![CDATA[MTN Nigeria Plc has reported a foreign exchange, FX net loss of N887.6 billion in its operations for the first six months of 2024.]]></description>
                                    <author><![CDATA[Theresa Lowani <support@hexcelonfinance.com>]]></author>
                                <guid>https://www.hexcelonfinance.com/blog/mtn-nigeria-records-n887bn-fx-losses</guid>
                <pubDate>Mon, 05 Aug 2024 10:56:43 +0000</pubDate>
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                                    <category>Finance</category>
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                <title><![CDATA[Banks’ Recapitalisation: Foreign investors moving in — Cardoso]]></title>
                <link>https://www.hexcelonfinance.com/blog/banks-recapitalisation-foreign-investors-moving-in-cardoso</link>
                <description><![CDATA[Cardoso Says we won’t allow illicit funds; bad guys take over Nigerian banks]]></description>
                                    <author><![CDATA[Theresa Lowani <support@hexcelonfinance.com>]]></author>
                                <guid>https://www.hexcelonfinance.com/blog/banks-recapitalisation-foreign-investors-moving-in-cardoso</guid>
                <pubDate>Mon, 05 Aug 2024 10:52:32 +0000</pubDate>
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                                    <category>Finance</category>
                            </item>
                    <item>
                <title><![CDATA[Otedola backs FG on windfall tax from banks]]></title>
                <link>https://www.hexcelonfinance.com/blog/otedola-backs-fg-on-windfall-tax-from-banks</link>
                <description><![CDATA[The Chairman of FBN Holdings, Femi Otedola, has declared his support for the implementation of the federal government’s proposed windfall tax on the foreign exchange (FX) gains of banks.]]></description>
                                    <author><![CDATA[Theresa Lowani <support@hexcelonfinance.com>]]></author>
                                <guid>https://www.hexcelonfinance.com/blog/otedola-backs-fg-on-windfall-tax-from-banks</guid>
                <pubDate>Mon, 05 Aug 2024 10:42:44 +0000</pubDate>
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                                    <category>Finance</category>
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                    <item>
                <title><![CDATA[What FG can do to tackle high debt cost]]></title>
                <link>https://www.hexcelonfinance.com/blog/what-fg-can-do-to-tackle-high-debt-cost</link>
                <description><![CDATA[Between 2012 and 2014, the budgeted expenditure on health and education amounted to N2.14 trillion, surpassing the debt service cost of N1.86 trillion during the same period. However, the scenario shifted from 2015 to 2024, as the budgeted debt service bill ballooned to N33.7 trillion, surpassing the combined allocation for health and education, which stood at N16.5 trillion.]]></description>
                                    <author><![CDATA[Theresa Lowani <support@hexcelonfinance.com>]]></author>
                                <guid>https://www.hexcelonfinance.com/blog/what-fg-can-do-to-tackle-high-debt-cost</guid>
                <pubDate>Fri, 26 Jan 2024 09:49:16 +0000</pubDate>
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                                    <category>Finance</category>
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                <title><![CDATA[Nigeria’s growing debt handicaps future workforce]]></title>
                <link>https://www.hexcelonfinance.com/blog/nigerias-growing-debt-handicaps-future-workforce</link>
                <description><![CDATA[BusinessDay analysis of the available data from the Budget Office of the Federation and BudgIT, a Nigerian civic organisation, shows that Nigeria’s budgeted expenditure on education and health from 2012 to 2014 (N2.14 trillion) exceeded the debt service cost of N1.86 trillion.]]></description>
                                    <author><![CDATA[Theresa Lowani <support@hexcelonfinance.com>]]></author>
                                <guid>https://www.hexcelonfinance.com/blog/nigerias-growing-debt-handicaps-future-workforce</guid>
                <pubDate>Fri, 26 Jan 2024 10:09:32 +0000</pubDate>
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                                    <category>Banking</category>
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                <title><![CDATA[Sanusi backs CBN on departments relocation]]></title>
                <link>https://www.hexcelonfinance.com/blog/sanusi-backs-cbn-on-departments-relocation</link>
                <description><![CDATA[Sanusi disclosed that he had contemplated a similar move during his tenure but was unable to execute it due to time constraints. He proposed relocating certain departments to Lagos, leaving essential functions in Abuja, a strategic move that, in his view, makes eminent sense.]]></description>
                                    <author><![CDATA[Theresa Lowani <support@hexcelonfinance.com>]]></author>
                                <guid>https://www.hexcelonfinance.com/blog/sanusi-backs-cbn-on-departments-relocation</guid>
                <pubDate>Fri, 26 Jan 2024 10:42:10 +0000</pubDate>
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                                    <category>Finance</category>
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