United Bank for Africa (UBA) Plc grew profit its by 26.14% year on year to N766.568 billion in 2024 from a total…
Category:
Finance
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Nigerian deposit money banks accessed more than N9 trillion to fund operations as the liquidity shortage bit last week. The financial system…
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Central Bank of Nigeria (CBN) is set to open Treasury bills worth N700 billion to investors for subscriptions at the primary market…
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Africa’s leading payments technology company, Flutterwave, is now enabling digital tax collections for the Federal Inland Revenue Service (FIRS), making it one…
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The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the Federation Accounts Allocation Committee (FAAC) disbursed an unprecedented N15.26 trillion to…
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The CEO of MTN Group has said that the worst should be over for the company as its Nigeria unit recovers, after…
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The National Insurance Commission (NAICOM) welcomes the passage of the Insurance Reform Bill by the Federal House of Representatives. This follows the…
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Africa Finance Corporation said it is accelerating efforts to mobilise the continent’s own money for investments, and tapping investors in the Middle…
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The National Insurance Commission (NAICOM) has taken another step to strengthen the insurance industry in Nigeria by issuing a license to CHI…
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Bureau De Change (BDC) operators have attributed the recent crash of the naira in the foreign exchange market to the huge demand…
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Finance
CBN withdraws N1.68trn from circulation by selling OMO Bills to local, foreign investors at 19.32%
The Central Bank of Nigeria (CBN) pulled out N1.68 trillion out of circulation through opem market operation; by selling OMO bills to…
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A Federal High Court sitting in Lagos has ordered the final forfeiture of another $1.4 million linked to a former Governor of…
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N Seven, the new single largest shareholder of Guinness Nigeria Plc, has offered to take out minority interest at N81.60. The move…
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Wema Bank says it aims to stimulate entrepreneurship further, attract investment, and accelerate Nigeria’s economic development by fostering a thriving technology ecosystem…
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Central Bank of Nigeria (CBN), released the results of Wednesday Treasury Bills (T-Bills) auction conducted on March 5, 2025. The auction, which…