Nigeria
Financial service provider raises N10 billion bond issuance
Aligning with its organisational objectives for Year 2020, United Capital Plc said it has successfully raised the sum of N10billion...
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CBN sets 2022 deadline for MfBs’ N200m recapitalisation
Central Bank of Nigeria (CBN) has set April 2022 deadline for tier-1 Microfinance Banks (MfBs) to achieve N200 million minimum...
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CSCS Shareholders Approve N4.3bn Dividend Payout
The Central Securities Clearing System (CSCS) Plc recently held its 26th annual general meeting (AGM), where shareholders approved N0.86 dividend...
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Covid-19: African Govts Need $154bn to Close Gap in 2020, Says Adesina
Warns debt may rise from $1.8tn to $2.1tn Projects 3.4% GDP loss in worst scenario Sets aside $10bn for public,...
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Anxiety lingers over implementation of Oronsaye report
AFTER many years of procastination the much hyped civil service reforms which has been on hold, may have become inevitable...
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Nigeria’s coronavirus burden hits 7,526 with 265 new cases
Laboratory tests confirmed 265 new cases of coronavirus infections on Saturday night, raising the country’s total to 7, 526. ...
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FG Considers Models to Reopen Economy
The federal government is actively considering models to gradually reopen the economy following the easing of lockdown and closure of...
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COVID-19: Eight days after, Presidency fails to send Madagascar’s drug to NAFDAC
Drug still in SGF’s office, testing may be delayed till June –Sources Lagos enlists 600 patients for chloroquine clinical trial,...
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Lagos won’t touch salaries, to prevent job losses – Sanwo-Olu
Governor Babajide Sanwo-Olu of Lagos State has assured that despite the effects of COVID-19, the state government would not touch...
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BUA Cement Delights Shareholders with N61bn Profit, Dividend Payment
When Chairman of BUA Group, Alhaji Abdul Samad Rabiu, decided to merge the cement companies in the group late last...
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Pochettino ‘happy’ that Mourinho replaced him at Tottenham
Mauricio Pochettino insisted Friday that he was “happy” that Jose Mourinho replaced him as Tottenham coach. Mourinho took over...
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I don’t want to play for Eagles – Billing
Bournemouth midfielder, Philip Billing, says he has told Super Eagles coach, Gernot Rohr, about his decision not to play for...
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Ighalo Admits First Eagles Call up was Shocking
Manchester United striker Odion Ighalo has confessed that he did not envisage that he would be called up to the...
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Buhari approves order granting autonomy to state legislatures, judiciary
President Muhammadu Buhari has signed into law, Executive Order No. 10 of 2020 for the implementation of financial autonomy of...
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Lagos made more money than 26 states combined –NBS
Lagos State has retained its place as Nigeria’s economic capital, generating N398.7bn in 2019 alone. The sum is the...
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World Bank to Decide Nigeria’s $1.5bn Loan July, Says Country Rep
The World Bank expects to make a decision in late July on a $1.5 billion loan to support Nigeria as...
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No new moon of Shawwal, Ramadan continues today – Sultan
The Sultan of Sokoto and President, Nigerian Supreme Council for Islamic Affairs (NSCIA), Alhaji Muhammadu Sa’ad Abubakar III, yesterday said...
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Malabu: UK court throws out Nigeria’s $1bn bribery case
An English court threw out a $1.1bn case Nigeria brought against Royal Dutch Shell and Eni relating to a dispute...
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FG asks churches, mosques, others to submit guidelines for reopening
The Minister of Health, Dr Osagie Ehanire, on Thursday, said COVID-19 patients, who spent a long period at isolation centres...
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Oil marketers demand pricing formula, legislation to sustain monthly adjustments
Operators in the downstream sector of the oil and gas sector have asked the Federal Government to unveil a pricing...
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INEC: How We’ll Conduct Elections During Pandemic
Independent National Electoral Commission (INEC) Thursday said it had approved its policy on how to conduct elections during a pandemic,...
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CBN cautions investors against sourcing forex from ‘black market’
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has warned local and foreign investors from sourcing their...
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Inflation hit two-year high at 12.34% in April –NBS
The consumer price index, which measures the rate of inflation in Nigeria, increased by 12.34 per cent (year-on-year) in April...
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Nigeria heading for recession – Minister
As the disruptions of the global economic system by the COVID-19 continues to create anxieties in governments globally, the Federal...
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Lagos cuts 2020 Budget by 21% to N920.5 billion
The Lagos State government has revised downwards by 21 per cent its year 2020 Budget, the Commissioner for Economic Planning...
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