Fidelity Bank Plc has won the 2020 Development Bank of Nigeria (DBN) service award for the highest disbursement to DBN-focused locations at…
Category:
Finance
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FinanceNewsStock Market
Investors sentiment weakened as buying interest sustains positive stock performance
Investor sentiment, as measured by market breadth, weakened to 1.5x from 2.2x as 21 stocks gained against 14 declining stocks Afrinvest said in a note to…
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President of World Bank David Malpass has said that inequality worsening across country group. In a press conference at the ongoing IMF/World…
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FinanceNews
Wigwe, Emefiele honoured with Juris Law Award for outstanding contributions in finance sector
The Chairman, Body of Bank CEOs and Group Managing Director of Access Bank PLC, Herbert Wigwe, has been recognised for his outstanding…
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No fewer than three thousand girls drawn from Senior Secondary Schools across Nigeria have benefitted from a 3-day capacity building initiative on…
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EconomyFinanceNews
We must shift our disaster risk architecture as climate disasters threaten African continent – ARC CEO
With COP26 around the corner, our focus should be on the devastating impact of climate change as we mark International Day for…
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FinanceNewsStock Market
Guinness Nigeria Plc changes date of AGM, dividend payment as Bulls extend dominance
In the disclosure, Final Dividend of N0.46k per 50k ordinary share will now be paid on 27th October 2021 (Previously; 20th October 2021). Also,…
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The Central Bank of Nigeria, CBN, has ordered banks to apply exchange rates in the Investors and Exporters (I&E) window for outbound…
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Assets Management Corporation of Nigeria (AMCON) said it has recovered the sum of N1,667,582,605.04 through the Economic and Financial Crimes Commission (EFCC)…
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Senate has instituted a probe into the circumstances that led to Budget Office payment of N19 billion by the Director General, Ben…
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FinanceNews
Access Bank acquires majority stake in Botswana bank, as Raysun plans to take over Champion breweries
Access Bank Plc has said on the floor of Nigeria Stock that it has completed the acquisition of 78.15 per cent shareholding in African…
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BusinessEconomyFinance
Sub Saharan Africa mergers, acquisition transactions totalled $ 78.3bn in first nine months of 2021
Definitive has said in new report that an estimated $387.5 million worth of investment banking fees were generated in Sub-Saharan Africa during the…
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The World Bank has said that Debt reduction, restructuring, and transparency needed to help low income countries overcome debt challenges. In a statement at the ongoing IMF/World Bank Group Annual Meetings in Washington…
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Nigeria’s external reserve rose by $2.76 billion in the month of September 2021 to close at $36.78 billion as at the end…
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Nigerian Exchange Group (NGX Group) Plc is set to list its shares on the Nigerian Exchange (NGX) Limited at an indicative price…