Business
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
Access Bank Grows Half-year Profit by 62% to N74bn, Declares 25k Interim Dividend
Access Bank Plc has begun reaping benefits of its merger with the defunct Diamond Bank Plc as it has recorded...
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Market indices slump by 1.4% amid loss of investor confidence
It was another period of pullback at the end of last week’s trading on the equities sector of the Nigerian...
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‘Social investment key to sustainable oil exploration in Niger Delta’
To avoid disruptions to oil production and exploration in the country, stakeholders have advocated increased stake in strategic social investment...
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Imperatives of five per cent charges, sharing formula review in aviation
Until the Federal Government reviews the mandatory charges in the air transport sector and its sharing formula among concerned agencies,...
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CBN charges ABCON on effective self-regulation, market intelligence
The Central Bank of Nigeria (CBN) has challenged the Association of Bureaux De Change Operators of Nigeria (ABCON) to evolve...
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Marketers deny scarcity of aviation fuel amid rising demand, prices
Though there are indications that the demand for aviation fuel has risen by about 50 per cent in recent days...
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Ex-Zimbabwean President, Robert Mugabe dies at 95
Robert Mugabe, Zimbabwe’s first post-independence president, has died at the age of 95. Family sources said he died after battling...
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Pound tops $1.23 as no-deal Brexit prospect fades
The British pound topped $1.23 on Thursday, hitting a one-month peak on fading prospects of a “no deal” Brexit after...
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NIPCO to extend gas facility to 25 off-takers
NIPCO Plc, one of the distributors of Liquefied Petroleum Gas (LPG), plans to extend its 10,000metric tons (mt) production to...
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How digital trends will affect financial services’ roles
Then evolving global trends in digitisation will not just reduce manual processes, but will cut cost to barest minimum, ensure...
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Stakeholders seek solution as vandals break 45,347 pipeline points in 18yrs
Stakeholders who converged on the Nigeria International Pipeline Technology and Security Conference and Exhibition, have urged for collaborative that will...
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Stanbic IBTC declares N1 interim dividend
Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, has announced its mid-year audited results for the period...
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Indices down by N130 billion as market reverses gaining streak
The Nigerian equities market’s gaining streak came to a close yesterday, as losses incurred by most blue-chip stocks dragged market...
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Xenophobia: Lagos condemns attack on Shoprite
The Lagos State Government, on Tuesday, condemned the attacks on Shoprite Complexes at Jakande and Sangotedo area of Ajah, over...
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Telecom operators make N2.25tn in 12 months
Telecom operators grew their revenue by 15 per cent in one year to reach N2.25tn in December 2018 from N1.96tn...
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NNPC redeploys NPDC staff to meet reserve target
The Nigerian National Petroleum Corporation (NNPC) has clarified the redeployment of 12 management staff of its flagship upstream subsidiary, the...
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Embattled B737Max test flights, certification to begin next month
Federal Aviation Administration (FAA) will be conducting certification flights for the embattled Boeing 737 Max starting in October.The certification follows...
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CBN Lists Conditions for Establishing Subsidiaries, SPVs by DFIs
The Central Bank of Nigeria (CBN) has listed conditions for the establishment and operations of subsidiaries and special purpose vehicles...
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Stocks sustain gains, investors earn N30bn
The nation’s stock market on Tuesday sustained the gains it began the month with as the market capitalisation increased further...
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GDP Slows to 1.94% in Q2
Nigeria’s Gross Domestic Product (GDP) growth rate dropped to 1.94 per cent (year on year) in real terms in the...
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Nollywood and Nigerian Music: Redefining the Industry through Digital Distribution
Over the last three years, the Entertainment Sector has evolved into a more important segment of the Nigerian economy, on...
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Report: FG Generated N3.86trn Revenue in 2018, Expended N5.85trn on Recurrent Expenditure
The federal government’s recurrent expenditure (including statutory transfers) stood at N5.85 trillion in 2018, while total revenue earned same year...
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Nine banks increase loans to customers by N952bn
NINE of the nation’s deposit money banks boosted their loan books in the first half of 2019 as credit to...
Read moreCrude-for-fuel deal on till 2023, says NNPC
THE crude-for-fuel swap deal will continue because the refineries are not functional, the Nigerian National Petroleum Corporation (NNPC), explained on...
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Oil slips as US, China add more tariffs in trade war
Oil prices weakened yesterday after new tariffs imposed by the United States and China came into force, raising concerns about...
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