The Nigerian Stock Exchange All-Share Index recorded the highest gain in eight months after the NSE market capitalisation appreciated by ...
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Showing posts with label business. Show all posts
Showing posts with label business. Show all posts
Jimoh Ibrahim, UBA disagree over N120bn aviation fund
There was a mild drama at the investigative public hearing on the alleged mismanagement of the N120bn Aviation Intervention Fund organis...
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The spark that wins acclaim…Mo Abudu makes list of world’s 100 best creators
EbonyLife TV boss emerges 56th on list of world genii How she emerged as the only African on the list The dullard’s envy of brill...
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Naira exchanges at N280/$
There was hope yesterday that the volatile foreign exchange market will soon get stable. The naira exchanged for 280 to the dollar at t...
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Naira Quoted at 253/$ as Interbank Market Opens Today
As the new foreign exchange policy of the Central bank became effective this morning, the Naira was quoted at 253 against the U.S. dolla...
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Chinese firm to build 1,000 houses for civil servants
The Federal Government has signed a Memorandum of Understanding with a Chinese firm to build 1,000 houses for federal civil servants in ...
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NNPC unpaid bills hit $1.8bn
The drop in the nation’s crude oil production and exports largely in recent months may have drastically worsened the inability of the Ni...
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Economic Crisis: Price of Bread to Increase - Master Baker
According to Chief Simeon Abanulor, the National Chairman, Association of Master Bakers and Caterers of Nigeria, the price of bread in t...
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Inflation hits 80-month high at 15.6% – NBS
The deregulation of the downstream sector of the oil industry, which resulted into an increase in the pump pric...
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CBN to release flexible exchange rate policy today
The new flexible exchange rate policy will be released today (Wednesday), the Acting Director, Corporate Communications of the Central of...
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FG bars Nigerian banks from giving loans to state governments
The Federal Government has barred banks in the country from giving loans to state governments. The decision was taken in line with the...
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Ecobank Branch Manager Arrested Over Alleged N14M Fraud
The management of Ecobank Nigeria has facilitated the arrest of the operational manager of its Ejigbo branch, Akhanenu Ikechukwu over an ...
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Shell may sell off onshore assets in Nigeria
Royal Dutch Shell is planning to retreat from Nigeria as analysts say the company may sell off its onshore assets in the country. On Mond...
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Naira drops to 367/dollar over forex policy panic
Uncertainty over the Central Bank of Nigeria’s planned exchange rate policy has continued to rattle the foreign exchange market. The lo...
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Nigeria loses N51 Billion to pipeline vandalism, bombings by militant groups
With the second bombing of the Forcados Export Pipeline and the bombing of other oil and gas assets in the region in recent times, the ...
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Ecobank plans exit from ‘low-potential markets’
Ecobank Transnational Incorporated, the parent company of Ecobank Group, says it is committed to building a stronger and profitable fina...
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Synagogue building collapse: COREN continues investigation despite opposition
The Council for the Regulation of Engineering in Nigeria has carried on with its investigation into the circumstances that warranted the...
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Nigerian Banks seek N10,000 withdrawal limit
A proposal to limit the over the counter cash withdrawal by bank customers to N10,000 has been tabled before the Central Bank of Nigeria ...
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Four banks lost N17bn in three months
The slowdown in the economy, which has led to a high rate of non-performing loans in the banking system, ...
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FG generates N586.17bn from taxes in 90 days
The Federal Government generated a total sum of N586.17bn as tax revenue through the Federal Inland Rev...
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