Nigeria
Sterling Bank upgrades digital solution for businesses
Sterling Bank Plc has said it recently upgraded SterlingPro, its market-leading digital banking solution,to give corporate and business banking customers...
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Driving Digital Financial Inclusion
Since the inception of digital financial inclusion drive which was initiated by the Central Bank of Nigeria, the Nigeria Communications...
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External reserves drop by $523m in two weeks
Nigeria’s external reserves dropped by $523m to $34.475bn as of March 16 from $34.998bn as of March 1, figures from...
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Analysts List Measures to Curtail Inflation
Analysts yesterday advised the federal government to work in tandem with the monetary authorities to address challenges in agriculture and...
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DPR Moves against Petrol Overpricing, Seals 11 Stations in Abuja
The Department of Petroleum Resources (DPR) yesterday ramped up efforts to stop overpricing of petrol, manipulation of metering devices as...
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FG to auction N150bn bonds in March
The Debt Management Office on Wednesday disclosed that the Federal Government will offer N150bn bonds for subscription in March. A...
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Excitement, Commendations as Zenith Bank Pays N94.2bn Dividend
Shareholders of Zenith Bank Plc yesterday approved the payment of proposed N94.19 billion dividend for the year ended December 31,...
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Foreign exchange inflow rises to $23.60bn
Aggregate foreign exchange inflow into the country in the fourth quarter of 2020 rose to $23.60bn from $21.46bn in the...
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Nigeria’s Crude Oil Production Declined by 19.6% in Q4
Nigeria’s crude oil production declined by 19.6 per cent to an average of 1.52 million barrels per day (mbpd) in...
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NCAA backs Sagamu Cargo Airport, disowns Wasimi
The controversy surrounding the establishment of two cargo airports in Ogun State was laid to rest on Tuesday when the...
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Experts Seek Regulation of Cryptocurrencies in Nigeria
Some economic experts have urged the Central Bank of Nigeria (CBN) to seek measures to regulate cryptocurrency transactions in the...
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Nigeria’s inflation rises again, hit four-year high February
The consumer price index which measures inflation increased by 17.33 per cent (year-on-year) in February 2021. The National Bureau of...
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‘Mortgage Bill Will Raise Gross GDP by 51%
Proponents of the Institute of Mortgage Brokers and Lenders (IMBL) bill which has just passed its third reading at the...
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FG Gets Report on Gas Affordability, May Slash Prices
The federal government may review downward the prohibitive prices of gas in the country, following the submission of a report...
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Unemployment rate hits 33.3%, 23.18million Nigerians jobless – NBS
Nigeria’s unemployment rate rose from 27.1 per cent in the second quarter of 2020 to 33.3 per cent in the...
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Nigeria’s public debt rose to N32.9tn in Dec – DMO
Nigeria’s total public debt rose to N32.9tn at the end of December 2020, the Debt Management Office said in a...
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MBA Reassures Investors of Getting Back Funds
MBA Trading and Capital Investment Limited, a forex training and capital investment company, has reiterated its commitment to pay back...
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Govt’ll consult widely before petrol subsidy removal – NNPC
The Federal Government is going to consult widely before halting subsidy on Premium Motor Spirit, popularly called petrol, the Nigerian...
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Coronation Merchant Bank grows profit by 15%
Coronation Merchant Bank Limited said its profit before tax rose by 15 per cent to N5.784bn as of the end...
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FMDQ Admits N53.2bn Bonds of Fidelity Bank, TSL SPV
FMDQ Securities Exchange recently approved the listing of the Fidelity Bank Plc Series 1N41.21billion Fixed Rate Subordinated Unsecured Bond under...
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2,799 workers change pension firms, move N18.89bn
No fewer than 2,799 workers under the Contributory Pension Scheme have moved their Retirement Savings Accounts from their former Pension...
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Agusto & Co. 2021 Nigerian Insurance Industry Report: Forging Ahead Despite Headwinds
Agusto & Co. Limited, the pan-African credit rating agency and the foremost business information provider has released its 2021 insurance...
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FFI Partners Old Mutual to Empower Women
Future Females Invest and Old Mutual (a Multinational Life and General Insurance company) have entered an exciting partnership to economically...
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Microsoft, Tech4Dev to Develop Digital Skills of Nigerian Women
Microsoft and non-profit social enterprise, Tech4Dev have partnered on the Women Techsters Initiative to train girls and women in Nigeria...
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N42bn debt: Telcos begin disconnection of banks’ USSD services Monday
The Association of Licensed Telecommunications Operators of Nigeria has said telcos will disconnect Financial Service Providers from Unstructured Supplementary Service...
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