Business
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
Selloffs persist, as investors’ wealth plunge further by N181 billion
Following massive selloffs in some bluechip stocks, transactions on the equities sector of the Nigerian Stock Exchange (NSE), reopened on...
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We’ve not stopped cash deposits into domiciliary accounts – CBN
The Central Bank of Nigeria (CBN) has clarified that it has not stopped Deposit Money Banks (DMBs) from accepting cash...
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NDIC liquidates 425 banks in 32 years
Since incorporation in 1988, the Nigeria Deposit Insurance Corporation has carried out liquidation activities on 425 financial institutions in the...
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Dangote invests N63b in ANAMMCO plant
Dangote Group has entered into a long-term agreement with an Enugu-based automaker, Transit Support Services Limited, for the supply of...
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Zenith Bank posts N208.8 billion profit in full year
Zenith Bank Plc has posted a profit after tax (PAT) N208.8 billion in its 2019 operations, against N193 billion recorded...
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Stock market halts five-day losing streak, gains N24bn
Activities on the Nigerian Stock Exchange closed on a positive note on Thursday, putting a halt to five consecutive days...
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NSE Launches Comic Book to Promote Financial Literacy
As part of efforts to promote financial literacy, the Nigerian Stock Exchange (NSE) has launched a comic book known as...
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Senate moves to enforce compliance with audit rules
The Senate is working on a legislation to compel the Federal Government and its agencies to submit their accounts for...
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Study: 91% of Africa’s Leaders Explore Data Analytics
A recent study conducted by IBM Institute for Business Value (IBV) in cooperation with Oxford Economics, has revealed that market...
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Nigeria lost $750m to oil theft in 2019 – NNPC
The Nigerian National Petroleum Corporation (NNPC) on Tuesday disclosed that the nation lost about $750 million to oil theft in...
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Experts allay fear of naira devaluation in 2020
Experts in the financial system have allayed fears of possible devaluation of the Naira this year, considering various strategies the...
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Fine and Country Partners PwC, Udo Udoma
Fine and Country West Africa has said it is collaborating with PwC and Udo Udoma & Belo-Osagie to organise The...
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More Incentives Needed to Attract Investments to Capital Market’
The federal government has been advised to give more tax incentives to investments in the Nigerian capital market in order...
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Allianz Nigeria Launches New Claim Settlement Initiative
Allianz Nigeria Insurance Plc has launched a new initiative tagged: “The 60minutes Revolution,” which ensures that customers experience faster claims...
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Fund Managers Launch Multi-million Dollar Fund
African leaders are putting women front and center of efforts to drive the continent’s economic growth through a game-changing fund...
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FMBN disburses N238 billion in 27 years
The Federal Mortgage Bank of Nigeria (FMBN), said it has disbursed about N238billion in 27 years, which has helped to...
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Stanbic IBTC Leads Afreximbank’s N300bn Bond Issiuance Programme
Stanbic IBTC Capital Limited, a subsidiary of the Stanbic IBTC Holdings Plc has established a N300 billion Domestic Bond Programme...
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Nigeria’s investments on fixed assets hit $39.2bn in 5 yrs
Nigeria’s Fixed Gross Investments rose by $39.2 billion in five years, from $59.6 billion recorded in 2016 to $98.2 billion...
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Equities open with N96b loss amid sell-offs
NIGERIAN equities reopened on Monday with continuing bearish sentiment as selloffs across the sectors depressed investors’ value by N96 billion....
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CFAO introduces Trade-in scheme
In a bid to ease new car ownership for Nigerians, CFAO Motors, the sole distributor of Suzuki cars in Nigeria,...
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IFRS 17 to boost insurance sector’s global competitiveness
The insurance sector in Nigeria has the opportunity to compete with the peers around the globe once the much anticipated...
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Milk import waiver: Experts differ on CBN concession to 6 firms
Economic experts have differed on the latest Central Bank of Nigeria’s (CBN) decision to exclude six milk importers from the...
Read moreEquities slow down as investors lose N162b
Investors in Nigerian equities lost N162 billion in capital gains as turnover at the stock market declined by more than...
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West African traders seek end to international border closure
West African cross border traders under the aegis of the West Africa Association for Cross Border Trade in Agro-Forestry Pastoral...
Read moreStakeholders Harp on Need for Private Capital to Fund Infrastructure
Capital market stakeholders have stressed the need to attract private and domestic capital for funding of critical infrastructure in the...
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