Economy
CBN to enforce banks’ compliance with SWIFT code
The Central Bank of Nigeria has ordered banks to comply with the SWIFT universal payment confirmation. It stated this in...
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Lasaco Appoints Olateju Phillips as New Chairman
The Board of Directors of Lasaco Insurance Plc has appointed Dr. (Mrs.) Maria Olateju Phillips, as the new chairman. In...
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EFCC docks NULGE chairman for N17.5m, bank manager for $50,000 fraud
The Economic and Financial Crimes Commission (EFCC) Makurdi Zonal office, yesterday arraigned Otsapa Ubani Otsapa, chairman of the National Union...
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COVID-19: Sanwo-Olu pardons Funke Akindele, husband
Lagos State Governor, Babajide Sanwo-Olu, has granted state pardon to a popular actress, Mrs Funke Akindele-Bello and her husband, Mr....
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#EndSARS: Buhari orders IGP to deal with erring officers
President Muhammadu Buhari on Friday night sent a directive to the police authorities to sanction officers found stepping out of...
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Ondo Poll: 1,478,460 PVC holders decide contestants’ fate
• Voters, Security Personnel Inducement May Mar Election – CSOs • IGP Restricts Vehicular Movement • 33,783 Police Personnel Deployed...
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Senators react to Buhari’s budget proposal, express apprehension over debt
Some Senators have raised concern over N4 trillion to be borrowed to fund 2021 budget while debt servicing stands at...
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Banking Sector Credit Rises to N18.90tn Nationwide
The total banking industry credit to customers in the 36 states of the federation and Federal Capital Territory (FCT) rose...
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We’ll make petrol-to-gas conversion in automobiles cheaper — FG
The Federal Government has said that it will help reduce the cost required for the conversion of automobiles from the...
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Debts, salaries take 52.6% as FG budgets N13.08tn for 2021
Govt plans N4.28tn new borrowings, votes N3.85tn for capital projects PDP Reps say budget unrealistic, APC believes proposed spending achievable...
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INEC ‘ready’ for testy Ondo guber poll
• Jegede squares up to Akeredolu • Govt flays PDP for an attack on Fayose • Akeredolu declares today a...
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Telecoms industry gets N358b direct foreign investments
Nigeria’s telecommunications sector welcomed $942.8 million (N358.26 billion) capital inflow, popularly known as Foreign Direct Investments (FDIs), in 2019. The...
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CBN warns against fraudulent loan offers, investment schemes
The Central Bank of Nigeria has asked the public to beware of fraudulent loan offers and investment schemes. The acting...
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Clearing Agents Seek Customs Intervention on Tin-Can Port Trade Disruption
Clearing agents operating at the Tin-Can Island ports have called on the Comptroller General of the Nigeria Customs Service (NCS),...
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NIPOST begins address verification service
The Nigerian Postal Service has inaugurated an Address Verification Service. Through the service, corporate and private organisations can approach NIPOST...
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Stocks Slide As Profit-Taking Persists
Sell pressures continued at the floor of the Nigerian Stock Exchange as sustained profit-taking dragged the All-Share index lower by...
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Fed Govt lists N294m savings bonds
The Federal Government yesterday listed its latest savings bonds on the Nigerian Stock Exchange (NSE), paving the way for bondholders...
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W’Bank: COVID-19 to Increase Number of Poor Persons to 150m
The World Bank has estimated that global extreme poverty is expected to rise in 2020 for the first time in...
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Okonjo-Iweala, South Korean in final contest for WTO leadership
Former Minister of Finance, Ngozi Okonjo-Iweala, Nigeria’s candidate for the World Trade Organization’s director-general has been selected as one of...
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Shipping firms, airlines breach CBN dollar rule
Shipping and airline companies have been depriving Nigeria of the much-needed dollar earnings by not remitting export proceeds, the Central...
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Senate probes commercial banks over illicit, excess charges
The Senate on Wednesday mandated its Committee on Banking, Insurance and Other Financial Institutions to investigate the alleged illicit and...
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Bamalli appointed 19th Emir of Zazzau
Zazzau Emirate got its 19th Emir on Wednesday. He is Alhaji Ahmed Nuhu Bamalli, whose appointment was approved by Kaduna...
Read moreProfit Taking Halts 12-day Price Rally at Stock Market
The rally at the stock market was halted yesterday after 12 days as investors moved in to lock in profit...
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Tough funding options for teachers’ new salary
• Ministry yet to get proper brief on new pay • We’re still digesting the policy, says Finance Ministry •...
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NAICOM Outlines Strategises to Achieve 40% Insurance Penetration Target
The National Insurance Commission (NAICOM) has said it is strategising towards achieving its 40 per cent insurance penetration target. The...
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