The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that 278 companies are vying to secure the contract for the trading of about…
Business News Report
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The Securities and Exchange Commission (SEC) on Tuesday, promised to support FMDQ OTC to create a vibrant debt capital market (DCM) aimed…
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Interview
Adopt country specific measure to address ailing economy- IMF/World Bank tells Nigeria, others
By Omoh Gabriel, just back from Lima Nigerian delegation to this year’s IMF/World Bank meetings held several meetings with World Bank/IMF Officials,…
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Oil marketers have commenced lifting petrol at Ejigbo depot in Lagos and Mosinmi depot in Ogun State with as many as over…
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The World Bank has ranked Nigeria 169 out of 189 countries in its latest report on the ease of doing business globally.…
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BusinessEconomyFinanceNewsStock Market
NSE market capitalisation loses N88bn to third quarter results sentiments
The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday dropped further by N88 billion due to poor third quarter results…
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BusinessEconomyFinanceNews
Financial Reporting Council suspends Atedo Peterside, three directors of Stanbic IBTC
*Accuses bank of issuing misleading financial statements *Orders withdrawal of 2013, 2014 accounts *Stanbic IBTC debunks accusations The Financial Reporting Council (FRC)…
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In the late 1980s, one Frank Olize of NTA Newsline set out in search of the common man in Nigeria. The search…
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Working in Nigeria is quite interesting and as well, very challenging. Public sector workers have to use their meagre salaries to fend…
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PZ Cussons Nigeria Plc on Tuesday approved final dividend of N2.42 billion, representing a payment of 61 kobo per share to all…
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The market indicators of the Nigerian Stock Exchange (NSE) recorded further appreciation on Tuesday improving by 0.20 per cent as a result…
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BusinessEconomyFinanceNews
NDIC pays N6.8bn insured deposits to 528,277 depositors of closed banks — MD
The Nigeria Deposit Insurance Corporation (NDIC) says it has paid out a cumulative N6.831 billion insured deposits to 528,277 depositors of 49…
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On August 31, 2015 in this column we warned the nation that with the absence of a fiscal policy, the economy is…
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By Omoh Gabriel Last week Heritage Bank board and management had an interactive session with the media. Here is excerpt of the…
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Interview
Naira devaluation: Traders on the wrong side of the process are criticising Nigeria —Moody
As financial egg heads across the globe are preparing to meet in Lima for this year’s IMF/World Bank Group Annual Meetings, the…