Nigeria
MTN begins trial of e-SIM in Nigeria
MTN Nigeria Plc has commenced the trial of embedded SIM services on its network as part of its drive to...
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NIPC wokers’ protest lingers
The Nigerian Investment Promotion Commission (NIPC) workers’protest has entered its sixth day as efforts to resolve their complaints on welfare,...
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NEXIM Bank Disburses N52.9bn to Boost Non-oil Activities
The Nigerian Export-Import Bank (NEXIM) has refuted allegations that it mismanaged a N50 billion-Central Bank of Nigeria (CBN) Export Development...
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Bargain hunting lifts NSE’s index by 0.06%
Following bargain-hunting in some blue-chips, especially Airtel Africa and Sunu Assurance, the domestic equities market closed positive for the first...
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Agusto & Co. affirms the “Aa-” rating assigned to United Bank for Africa Plc
The rating expires on 30 June 2021. The rating assigned to United Bank for Africa Plc. (“UBA” or “the Bank”)...
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Nigerians lacked enough water, soap for hand washing – NBS
The National Bureau of Statistics said on Tuesday that a large number of Nigerian households surveyed in June said they...
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One week after flights resumption, airlines record 30% traffic
Domestic flights started last Wednesday with Lagos and Abuja, and by Saturday, Port Harcourt, Kano, and Owerri flights resumed. ADVERTISEMENT...
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LAPO MFB’s Bond Offer Oversubscribed
The Managing Director, LAPO Microfinance Bank, Dr. Godwin Ehigiamusoe has expressed delight over the successful listing of LAPO N6.2 billion...
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OPEC adjusts oil demand to 8.9 million bpd
The Organization of the Petroleum Exporting Countries (OPEC), yesterday, revised downward its world oil demand in 2020, to an estimated...
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LIRS plans additional tax incentives, reliefs
The Lagos State Internal Revenue Service has commenced the implementation of additional reliefs and measures to further ease the impact...
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Transcorp Hotels Seeks to Raise N10bn from Existing Shareholders
Transcorp Hotels Plc has applied to the Nigerian Stock Exchange (NSE) to raise additional capital via a rights issue from...
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Dangote Sugar creates three billion new shares
Shareholders of Dangote Sugar Refinery (DSR) Plc have approved the creation of three billion new ordinary shares of 50 kobo...
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Bears sustain hold as index slips further by 0.36%
The Nigerian Stock Exchange (NSE) sustained the bearish hold at the end of yesterday’s transactions, occasioned by price depreciation in...
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FG Urged to Consider Niger Delta Indigenes in New Marginal Oilfields Bids
The skepticism surrounding the transparency and fairness in the process of the ongoing bid round for 57 marginal oilfields has...
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Banks to place chronic loan defaulters on watch list
The Central Bank of Nigeria on Monday released the guidelines aimed at reducing non-performing loans in the banking sector and...
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Farmers in 11 states to get fertilizer at N4,500
As part of the COVID-19 palliative, about 50,000 farmers across 11 states will get two bags of fertilizer each at...
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CBN bans forex for maize importation
The Central Bank of Nigeria has directed foreign exchange dealers to stop processing ‘Forms M’ for the importation of maize...
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Unclaimed dividends rise to N158.4b
Unknown investors have amassed more than N100 billion in unclaimed dividends as capital market regulators search for investors that had...
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Second wave of pandemic poses risks to oil rebound
As countries brace for a second wave of the coronavirus spread, analysts have warned that an unexpected hit to demand...
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Equities open with N56b loss
Nigerian equities reopened on Monday with considerable sell pressure on leading stocks in the main sectors of banking, oil and...
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Report: 86% of Organisations Fall Victim to Cybercrime
A survey report by cyber-security firm, Sophos, tagged: ‘The State of Cloud Security 2020,’ has estimated that over 86 per...
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Nigeria Mortgage Refinance Company Plc Series II ₦11 billion 15-Year Fixed Rate Secured Bond
The rating expires on 30 June 2021. Agusto & Co. affirms the ‘Aaa(NG)’ rating assigned to Nigeria Mortgage Refinance Company Plc’s (“NMRC”...
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Recap: NAICOM, insurers differ on contingency cash reserve use
The National Insurance Commission (NAICOM) at the weekend insisted that the contingency reserves of insurance firms would not be accepted...
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FG hands over National Theatre to banks for renovation
he Federal Government has handed over the National Theatre at Iganmu, Lagos State to the Central Bank of Nigeria and...
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Petrol subsidy gulped N101.6bn in three months – NNPC
Petrol subsidy consumed over N101bn in the first three months of this year, as stakeholders want the scheme to be...
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