Nigeria
CBN stops treasury bills’ sale to individuals
The Central Bank of Nigeria has given a directive to banks and other financial institutions to stop the sale of...
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Equities market extend losing streak as index slumps further
Equities market extended the losing streak at the end of yesterday’s transactions, as more bluechip stocks depreciated in price, resulting...
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Customers Call for Lower Charges, Enhanced Security on Digital Platforms – Agusto & Co. Report
Customers have called on banks to enhance security measures on their digital platforms and reduce charges for frequently used services...
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PenCom Urges Workers to Update RSA
The National Pension Commission (PenCom) has urged contributors into the Contributory Pension Scheme(CPS) to go to their Pension Fund Administrators...
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Customs, firm bicker over seizure of controversial spoilt rice
The closure of Nigerian borders has elicited divergent views from stakeholders, but the seizure of contraband has been a common...
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Air Peace flight makes emergency return over engine failure
An Owerri-bound Air Peace flight from the Murtala Muhammed Airport, Lagos, on Tuesday morning made an air return over engine...
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May & Baker Nigeria Grows Profit by 14% to N696m in Nine Months
May & Baker Nigeria Plc grew its profit after tax (PAT) by 14 per cent in the nine months ended...
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Foreign investment in equities rises to $9.48bn
The value of foreign portfolio and direct investment in equities amounted to $9.48bn (N3.44tn) between June 2017 and June 2019....
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NSE All-Share Index Falls 0.10% as Market Returns to Negative Mode
The Nigerian equities market returned to negative mode yesterday as the Nigerian Stock Exchange (NSE) All-Share Index fell by 0.10...
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NNPC to build two new refineries
The Nigerian National Petroleum Corporation has said it is in the process of establishing two new 200,000 barrels-per-day condensate refineries...
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Agusto & Co. Assigns ‘4 star’ Ratings to Two Banks in Nigeria
Agusto & Co Limited, leading Pan African credit rating agency in Nigeria for over 26 years has released its 2019...
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NIMC to complete digital registration of Nigerians by 2024
All Nigerians and legal residents in the country will be captured in the national identity database within five years, the...
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FG to open Lagos-Ibadan road diversions Dec 15 ….orders relocation of trucks at Ogere
The Federal Government has said all diversions around construction zones on the Lagos-Ibadan Expressway will be opened to motorists from...
Read moreDebt servicing gulped $1.09bn in nine months – CBN
Nigeria spent $1.09bn on debt servicing between January and September this year, a new report by the Central Bank of...
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Insurers to raise N50 billion fresh capital for recapitalisation
Out of the 58 insurance companies in the nation’s economy, seven have reached to their investors to mobilise a cumulative...
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Jan 31 not terminal date for border closure – Customs
The Nigeria Customs Service has said January 31, 2020 contained in a leaked memo is not terminal date for the...
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How government agencies flout TSA policy
Some key government organisations have been avoiding the use of the Treasury Single Account (TSA) in the last three years,...
Read morePenCom to open PFAs transfer window June 2020
The transfer window that will enable contributors under the Contributory Pension Scheme to change their Pension Fund Administrators will be...
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Insight on proposed 7.5% VAT
The proposed increase in the Value Added Tax (VAT) from five per cent to 7.5 per cent by the Federal...
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Vitol Pulls out of $1.5bn Deal to Buy Nigerian Oil Fields
Oil trader, Vitol, has quit a consortium that was set to buy a stake in two Nigerian oil fields from...
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NAICOM assures of refund to investors of failed operators
The National Insurance Commission (NAICOM) has said funds raised from investors in the ongoing recapitalisation would be refunded if the...
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Why we adopted unconventional monetary policy- CBN governor
The Governor, Central Bank of Nigeria, Godwin Emefiele has said that the federal government has adopted the unconventional monetary policy...
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Dangote plans fuel exports to Europe, others
Dangote Group has said it plans to export petroleum products from its refinery to Europe, South America, West Africa and...
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Underwriters raise investors’ hopes as earnings shot up by 600%
Determined to increase the shareholders’ confidence in the nation’s insurance industry, underwriting companies have been wooing investors with better returns...
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Nigeria, US trade hits $5.21bn in eight months
Nigeria and the United States recorded 5.21 billion dollars bilateral trade between January and August this year. The Consul General,...
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