The Power Sector Group of the Lagos Chamber of Commerce and Industry (LCCI), a leading voice in the organised private sector (OPS)…
Business News Report
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A new report by the World Economic Forum “Beyond Fintech, a programatic Assessment of disruptive potential in financial services” has said that…
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FinanceEconomyNews
Osinbajo to ECOWAS bank: Evolve innovative ways of mobilising resources to end poverty
By Omoh Gabriel Vice President Yemi Osinbajo has urged ECOWAS Bank to invest in the future of youths in the subregion in…
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Ten poultry farmers registered under Nigeria’s broiler out-grower scheme, natnuPreneur, have become the first beneficiaries of Central Bank of Nigeria (CBN)’s poultry…
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At the close of trade today, the benchmark index dipped 91bps to settle at 36,584.44 points whilst YTD gain moderated to 36.1%. As…
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Twenty-six ships laden with petroleum products, food items and other goods are expected to arrive at Apapa and Tin-Can Island ports in…
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The Chartered Institute of Bankers of Nigeria (CIBN) will induct 1034 new members in Lagos on Saturday. The institute said the new…
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About 7,000 investors mostly retail have so far subscribed to the recently introduced Federal Government Savings Bond. The bond was introduced in…
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Central Bank of Nigeria has reviewed the commercial credit scheme with the intention of making the N200 billion funding more accessible to…
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The Nigeria Extractive Industries Transparency Initiative, NEITI has warned that the nation is on a debt cliff stating that Nigeria’s debt in…
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A total volume of 327,366,042 transactions valued at N19.78 trillion were recorded in the three months of April through June 2017 as…
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Group Managing Director of the Nigerian National Petroleum Corporation,(NNPC) Dr. Maikanti Baru has begged oil pipeline hackers to stop such nefarious act…
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Operations of Arik Airline has stabilised following the intervention of Asset Management Company of Nigeria AMCON. Managing Director of Arik Air, Capt.…
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Nigerian Ports Authority has said that twenty-five ships are currently discharging petroleum products and other commodities at Apapa and Tin-Can Island ports…
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FinanceNewsStock Market
Interbank rate falls on matured T-bills, as stock index rises on bank shares gain
Nigeria’s interbank overnight lending rate fell sharply on Friday to an average of 12 per cent from around 60 per cent a…