Business
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
N253.6b capital flight upsets stock market stakeholders
The current volatility witnessed in the nation’s stock market is partly due to the delisting of 36 firms valued at...
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‘Deregulation Needed to Sustain Petroleum Industry’
OVH Energy Marketing Limited and the Major Oil Marketers Association of Nigeria (MOMAN) have reiterated the need for the deregulation...
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Collaboration Key to Success in Nigeria, Says Samsung Heavy Industries MD
The Managing Director of shipbuilder, Samsung Heavy Industries Nigeria (SHIN), Mr. Jejin Jeon, has extolled the virtues of working together...
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Bulls sustain dominance at NSE as indices rises further by N46 billion
The bulls maintained dominance at the end of transactions yesterday, on the equities sector of the Nigerian Stock Exchange (NSE),...
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Verve Card Now Accepted in UAE
Verve Global cardholders can now use their cards to transact in more than 185 countries and territories, including Dubai, the...
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Airbus gets biggest deal of Dubai air show with $16 billion order
Commercial plane manufacturer, Airbus, earned the biggest deal of the Dubai air show with Emirates airline’s $16 billion bid for...
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Future of B737MAX
Boeing B737 MAX is an aircraft type that held so much promise. It remains a Boeing brand that recorded highest...
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Border closure: Prices of rice, eggs skyrocket in October – NBS
The average price of one kilogram of imported high quality rice (sold loose) increased by 3.08 per cent to N382.57...
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SEC Chairman Seeks More Cooperation from Stakeholders
The Chairman of the Board of the Securities and Exchange Commission (SEC), Mr. Olufemi Lijadu, wednesday called for more cooperation...
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FEC approves N200bn loan for Bank of Industry
The Federal Executive Council (FEC) has approved the issuance of a Sovereign Guarantee of 500 million Euros (N200bn) from the...
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Nov FG bonds oversubscribed by N102.35bn
The FGN bond auction by the Debt Management Office which took place on Wednesday was oversubscribed by N102.35bn. The DMO...
Read moreNSE gets recognition for CSR
The Nigerian Stock Exchange says it has received the ‘Best Corporate Social Responsibility Initiative’ and the ‘Capital Market In-House Team...
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AfDB seals $250m deal for region’s trade financing
African Development Bank (AfDB), in its push to facilitate inter and intra Africa trade, and reduction of trade financing gap...
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Stock market shrugs off bearish sentiment, gains N41bn
The equities market has shrugged off bearish sentiments, gaining N23bn on Tuesday and N18bn on Wednesday as 24 stocks climbed,...
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Complaints over banking fraud, ‘agressive’ charges, others hit 1,612
Despite public outcry, the spate of inexplicable charges associated with banking in the country remain on the upswing, as a...
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CBN recorded $11.69bn forex inflow in Q3
Central Bank of Nigeria says it recorded a total of $11.69bn foreign exchange inflow in the third quarter of 2019....
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Every investor wants to put money in Nigeria — ExxonMobil boss
There is no investor who does not want to invest in Nigeria’s oil and gas sector, the Chairman and Managing...
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Taking Advantage of Bear Market
It is less than two months to the end of 2019 and the Nigerian equities market is on its way...
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Underwriters target higher premium in 2020
The nation’s underwriters are optimistic that the industry would make more premium income from Group Life Insurance business in Year...
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Nigerian Banks’ N43.7tn Total Assets Low, Says Soludo
A former Central Bank of Nigeria (CBN) governor, Prof. Chukwuma Soludo, has said that the total size of Nigerian banks’...
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Untamed food prices dash hopes of Central Bank’s rate cut
Any remaining hopes of an interest rate cut by the Central Bank of Nigeria (CBN) in the near term have...
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Market reverses previous gains as index plummets by N188 billion
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), reversed past positive trading sentiment to reopen on a...
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Consolidated Hallmark posts 46% rise in PAT
Consolidated Hallmark Insurance Plc, one of the leading underwriting firms in Nigeria, has posted a profit after-tax (PAT) of N519.6...
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CBN injects $341.75m, CNY14.7m as interventions
The Central Bank of Nigeria (CBN) has intervened in the Retail Secondary Market Intervention Sales (SMIS) with $341.75 million and...
Read moreInsurers’ earnings performance raises recapitalisation hopes
Recapitalisation is a form of a corporate reorganisation, which involves making substantial changes to a company’s capital structure. But earnings...
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