Business
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
Equities rally N388b in three days
NIGERIAN equities has gained N388 billion so far this week as continuing bargain-hunting amid steady third quarter earnings pushed most...
Read moreEquity market gains N239bn on positive sentiment
Nigerian stocks on Wednesday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation, rose further...
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NPA headquarters deserted as insurers assess losses from arson
Recent burning and looting of property belonging to the Nigerian Ports Authority (NPA) headquarters have left the management and staff...
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‘Sunu Assurances shares suspension in line with recapitalisation’
The trading on the shares of Sunu Assurances Nigeria Plc on the floor of the Nigerian Stock Exchange (NSE) has...
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Emirates Launches Biometric Path at Airport
As part of Emirates’ commitment to continuous innovation and customer experience, the airline has launched an integrated biometric path at...
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Nigeria’s earnings threatened as oil sheds $2.33/barrel
Brent, the oil against which Nigeria’s crude is benchmarked, dropped in price on Wednesday, shedding $2.33/barrel. The bulk of Nigeria’s...
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Investors risk losing 2020 dividends
• As operators grapple with COVID-19 fallouts • Unilever, Cadbury, Meyer, others suffer loss amid weak spending • Stop trend...
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Emefiele: Banks Disbursed N2.32tn Loans with Moveable Collaterals
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday said the banking sector gave credit facilities...
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NNPC demands calm as fuel queues surface in FCT, others
Petrol queues surfaced in parts of Abuja and neighbouring states of Nasarawa and Niger on Monday evening and intensified on...
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Underwriters brace up for ‘overwhelming’ claims from protests
Amid continuous looting and attacks on properties and loss of lives occasioned by the #EndSARS protests across Nigeria, insurance practitioners...
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‘Forex, import levy limiting mass metering under MAP’
Meter manufacturing and serving firms in Nigeria have attributed the slow pace of mass metering under the Meter Asset Provider...
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Lafarge Africa grosses N179.9b sales in nine months
Lafarge Africa Plc recorded double-digit growths in sales and profitability in the third quarter, with gross turnover rising by 10.3...
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Toriola Assumes Duties as CEO of MTN March 2021
MTN Group has appointed Mr. Karl Toriola, from Osun State, as the Chief Executive Officer (CEO)-designate, with effect from March...
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CAP set to merge with Portland Paints
The Boards of Directors of Chemical and Allied Products Plc and Portland Paints and Products Nigeria Plc have taken a...
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Market extends winning streak, as index rises further by 0.28%
As investors continue to reposition ahead of the third-quarter earnings, the Nigerian Stock Exchange (NSE) extended its winning streak to...
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Stanbic IBTC Records N183bn Earnings, N66bn Profit in Nine Months
Stanbic IBTC Holdings Plc yesterday announced its financial results for the nine months ended September 30, 2020, showing increased in...
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Stock Market Gains N20bn on Q3 Results’ Expectations
Equities investors ignored the violence and unrest in the country last week to increase their patronage of the market as...
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Access Bank Begins Disbursement of N50bn Interest-free Loan Today
Access Bank Plc will today commence the disbursement of the N50 billion interest-free loan and grant it set aside for...
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Airlines resume, seek release of N27 billion bailout
Local airlines, yesterday, resumed skeletal services following last week’s disruption by the EndSARS protests and the attendant curfew imposed by...
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Fixed income, currency markets drop to N164.32tr in Q3
Turnover in the Nigerian fixed income and currency (FIC) markets dropped by 26.76 per cent to N14.07 trillion in September...
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Chinese products top Nigeria’s imported goods list – NBS
A total of 31.41 per cent of goods imported into Nigeria are from China, according to the National Bureau of...
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CBN to drive zero balance account opening
As part of efforts to boost financial inclusion, the Central Bank of Nigeria has said it will promote opening of...
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Unilever Nigeria Records N17bn Revenue in Nine Months
Unilever Nigeria Plc has recorded revenue of N17.395 billion for the nine months ended September 30, 2020, showing a jump...
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Nigeria explains reasons for opposing debt relief to World Bank
Days after kicking against it, Nigeria has told the World Bank and the G20 that debt relief will not sustain...
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PAN Nigeria to Re-launch Affordable Vehicles
The new core investor in PAN Nigeria Limited, Nesbitt Investment Nigeria Ltd, has said it would re-launch affordable new cars...
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