Nigeria
Guinness Nigeria raises N5b CP
Guinness Nigeria Plc at the weekend closed application list for its N5 billion commercial paper issuance. Guinness Nigeria, a...
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How small-sized insurers may lose big contracts by December
Despite the extension of the deadline for insurance industry recapitalisation to September 2021, brokers/marketers are sceptical about some operators’ ability...
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Local savings can help reflate Nigeria’s economy, stakeholders say
The Minister of Finance, Budget, and National Planning, Mrs Zainab Ahmed, has canvassed the need for the mobilization of local...
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FMDQ Admits N23bn Debt Securities as Corporate Benefit from Market
FMDQ Securities Exchange Limited has admitted N23 billion debt securities on the platform as part of efforts to empower the...
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Stock market extends decline, investors lose N38bn
The nation’s stock market extended its decline on Monday as investors lost N38bn at the end of trading. The market...
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Speculators’ll lose billions on forex sales resumption – ABCON
The Association of Bureau De Change Operators of Nigeria has said that currency speculators will lose huge funds as the...
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Resident doctors suspend strike
Resident doctors under the aegies of National Association of Resident Doctors (NARD) have suspended their indefinite strike action, which started...
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W’Bank: Poorest Countries to Save $12bn in 2020 Debt Relief
The world’s poorest countries could save over $12 billion owed to sovereign and other creditors this year through their participation...
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IPPIS: Petrol scarcity looms as PENGASSAN, NUPENG threaten strike
Nigeria may face petrol scarcity if oil workers make good the threat of withdrawing their services nationwide should the Federal...
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Fidson Healthcare Shareholders to Receive 15kobo Dividend
The board of directors of Fidson Healthcare Plc has recommended a dividend of 15 kobo per 50 kobo share for...
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Stocks lose N190bn, market cap falls below N13tn
All other indices finished lower with the exception of NSE-Main Board, NSE MERI Growth, NSE Consumer Goods, NSE Lotus II...
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Nigeria runs expensive govt, there’s need for national debate — Osinbajo
The Vice-President, Prof Yemi Osinbajo, has said Nigeria needs a national debate to examine the issues around the size and...
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Game on in Edo State as Obaseki Joins PDP
Governor Godwin Obaseki of Edo State yesterday joined the Peoples Democratic Party (PDP), with a declaration that he would lead...
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Giadom can’t act as APC chair — Court
Restrains him from NWC membership, interacting with INEC No leadership vacuum in party, says Issa-Onilu Ex-deputy national secretary writes INEC,...
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LASG to sanction private schools defying closure directive
The Lagos State Office of Education Quality Assurance (OEQA) has warned private school owners against inviting students to school, violating...
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NPA expects 17 ships with petroleum products, others
The Nigerian Ports Authority says it is expecting 16 ships laden with petroleum products, food items and other goods at...
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CBN debits banks N126bn to raise currency value
Reuters reported on Friday that the naira had come under intense pressure in recent months during the coronavirus pandemic. A sharp...
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Chad begs Nigeria for electricity supply
The government of Chad Republic has formally requested the Nigerian government to connect the country to the Nigerian electricity grid....
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Buhari Reprimands Security Chiefs, Says No More Excuses for Insecurity
President Muhammadu Buhari thursday moved to restore public confidence in his administration’s capability to protect lives and property, as he...
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Lagos unveils Lekki regional road to reduce travel time
The Lagos State Government plans to deliver its Regional Road Project in Lekki within the next two years. The road...
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Seplat Transfers Assets to Subsidiary for Easy Operation
Seplat Petroleum Development Company Plc, the completed transfer of the business activities and assets of OMLs 4, 38 and 41...
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N400m Debt: AMCON takes over Doggi Group promoter’s assets
The Asset Management Corporation of Nigeria (AMCON) yesterday took over the assets of Alhaji Umaru Baba Abdullahi, the Chief Promoter...
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New operator targets Nigeria’s $80 billion telecoms market
A new telecommunications operator is poised to enter Nigeria’s $80 billion telecoms industry as the fifth largest firm. Specifically,...
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Naira dips by N24 to N385/$
THE Naira depreciated by N24 to close at N385 per dollar on Thursday at the official market. It had exchanged...
Read moreStock investors lose N21bn amid selling pressure
The market capitalisation of equities depreciated by N21bn to N13.01tn from N13.03tn the previous day as market sentiment returned to...
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