American billionaire Warren Buffett’s Berkshire Hathaway group has officially become the top shareholder in Bank of America after exercising its right to…
Business
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Federal Executive Council has approved the construction of Mambilla $5.8 billion hydroelectric power plant by a Chinese firm, China Civil Engineering Construction…
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BusinessFinanceNews
Insurers see more demand from banks for cover against cyber attacks, rogue staff
Banks are increasingly turning to insurance to protect their capital from “operational risks” like cyber attacks and rogue traders, and insurers say…
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At the close of trading at the Nigerian Stock Market, the prices of shares traded in the market lost value for the…
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The Kaduna State Government is working with a telecom company to mount 40 masts across the state to improve telecom services in…
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Access Bank managing Director Herbert Wigwe has said the bank has made a loan loss provision of N4 billion on its loan…
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Germany’s Allianz Insurance plans to acquire majority stake in Ensure Insurance to pave for for it to gain access to the Nigerian…
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Vice President Yemi Osinbajo has flagged off rehabilitated Edo Fertiliser Plant in Auchi, Etsako West Local Government which was built 14 years…
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Federal and state governments in the country are partnering to initiate and improve Doing Business reforms in the country. State governments in particular…
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United Bank for Africa (UBA) said it had made a provision on loans made to 9mobile, the mobile operator formerly known as…
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The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has said that the Agency would not…
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Technology company Apple Inc and professional services company Accenture PLC said they will team up to help businesses build better applications for…
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Annual inflation in Nigeria slowed for a sixth month in July, easing to 16.05 per cent, but the rise in food inflation…
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Apple Inc. will reportedly hold a product launch event on Sept. 12, including the expected launch of three iPhones, the Wall Street…
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Insurance stocks were mostly lower Monday, as investors awaited the initial estimates of losses from hurricane Harvey, which devastated Texas over the…