Business
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
Airtel Africa profit slumps 57%
Airtel Africa Plc on Friday reported a 57 per cent slump in profit after tax in the quarter ended June...
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The Nigerian Banking Industry’s loan book is expected to grow by 11% in 2020.
Agusto & Co. recently released its flagship 2020 Banking Industry Report which provides current and comprehensive analyses on the banking industry...
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LCCI, expert worry as debt profile rises by 127%
Stakeholders in the economy have expressed worry over the capacity of the country to service its rising debt profile. ADVERTISEMENT...
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We’ve identified plans to generate N18tn revenue – FG
The Federal Government on Thursday said it had identified oil and non-oil initiatives that could help the country generate between...
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Naira weakens further as dominant currencies alter pricing decisions
With many trade transactions benchmarked against dominant currencies like the U.S. dollar, the International Monetary Fund (IMF), has expressed concerns...
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Ethiopian Welcomes Back Customers
Ethiopian Airlines has said during the pandemic, it was the go-to airline for essential travel, repatriation flights and airlift of...
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Airlines bid farewell as jumbo 747 begins final approach
It’s been a long time in coming. Now it is here. It is the end of an era for the...
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Market rebounds as bellwethers lift NSE’s index by N177 billion
After days of downturn, gains in bellwethers buoyed transactions on the equities sector of the Nigerian Stock Exchange (NSE), yesterday,...
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Agusto & Co has released the 2020 Banking Industry Report.
Agusto & Co has released the 2020 Banking Industry Report. We invite you to subscribe to our report which is the most current...
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Defunct Skye Bank: Vindication of NDIC
“Bridge Bank” and other resolution options utilised by the NDIC in the cause of its over 31 years of operation...
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Oil falls to $43 as US crude inventories rise
Oil prices fell on Wednesday as the United States government data showed a surprise rise in the country’s crude inventories,...
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Shippers Council, NAICOM to de-risk costs at ports
The Nigeria Shippers Council (NSC), and the National Insurance Commission (NAICOM), plans to collaborate to reduce the cost of doing business...
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FG’s July bonds oversubscribed by N340.13bn
The Federal Government Bonds for the month of July worth N130bn, which were auctioned on Wednesday, were oversubscribed by N340.13bn,...
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Tenants now to pay six per cent stamp duty, says FIRS
THE Federal Inland Revenue Service (FIRS) has directed landlords and property agents to charge six percent Stamp Duty on all...
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Investors Urged to Patronise Stocks with Strong Fundamentals
FBN Holdings Plc has called on retail investors to invest in companies with strong fundamentals, sustainable growth and profitability to...
Read moreEquity market records marginal loss
Equity investors on Wednesday recorded marginal loss as market almost closed on flat note, depreciating by 0.004 per cent. ADVERTISEMENT...
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LIRS Announces Additional Reliefs for Taxpayers
The Lagos State Internal Revenue Service (LIRS) has commenced the implementation of additional reliefs and measures to further ease the...
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Amazon CEO Jeff Bezos’ wealth grew $13bn in single day
Amazon Chief Executive Officer, Jeff Bezos’ wealth rose by a record $13 billion in a single day on July 20,...
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Weak sentiments persist as NSE index dips further by 0.39%
Continued price losses suffered by most blue-chip stocks, sentiments remained weak on the equities sector of the Nigerian Stock Exchange...
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Agusto & Co. affirms the “A+” rating and stable outlook assigned to Zenith General Insurance Company Limited
The rating expires on 30 June 2021. The rating assigned to Zenith General Insurance Company Limited (“ZGIC” or “the Insurer”) reflects its...
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NNPC raises August selling prices of crude oil
The Nigerian National Petroleum Corporation has increased the prices at which two of the country’s major crude oil grades would...
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Access Bank completes acquisition of Kenyan bank
Access Bank Plc on Monday announced the completion of the acquisition of Transnational Bank (Kenya) Plc. The bank, in a...
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Fidelity Bank Appoints Onyeali-Ikpe as CEO Designate
The Board of Directors of Fidelity Bank Plc yesterday announced the appointment of Mrs. Nneka Onyeali-Ikpe, the current Executive Director,...
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Calabar, Kaduna, Yola airports open amid traveller apathy
At least another two airports were yesterday certified ready and opened to commercial flights services after three months of COVID-19...
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Forex uncertainty worries businesses as CBN retains 12.5% interest rate
The Central Bank of Nigeria on Monday retained the country’s benchmark interest rate or Monetary Policy Rate at 12.5 per...
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