The National Insurance Commission (NAICOM), says it has rolled out some digitisation strategies through its new portal to transform the sector and…
Category:
Finance
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Investors maintained a bullish attitude in today’s trading session as buying interest in DANGCEM (+2.8%), MTNN (+1.2%) and GUARANTY (+3.7%) drove an 83bps increase in the benchmark…
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Central Bank of Nigeria has said that its foreign reserves have grown by $200 million after a London court ordered the release…
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BusinessEconomyFinance
Afreximbank provides $100 million overdraft facility for African states to facilitate online procurement of COVID-19 supplies
African Export-Import Bank (Afreximbank), the pan-African multilateral EXIM bank, announces $100 million financing to enable its Member States to procure COVID-19 related…
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BusinessEconomyFinanceNews
VP urges leaders of destination countries to insist on repatriation of illicit funds & their proceeds
Leading the call for an effective global action against Illicit Financial Flows (IFF) and related vices, which is negatively impacting progress in…
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The equities market maintained the positive trend as buying interest in ZENITH (+1.2%), DANGSUGAR (+1.6%) and ETI (+2.4%) lifted the benchmark index by 39bps to 26,611.96…
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AgricultureEconomyFinance
African Risk Capacity partners Insuretech Pula to deliver Best Agric index insurance products to protect African farmers
The African Risk Capacity Limited (ARC Ltd), the commercial subsidiary of African Risk Capacity Group (ARC Group), has announced a partnership agreement…
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The equities market opened bullish due to price appreciation in MTNN (+2.0%), WAPCO (+6.3%) and FBNH (+3.9%). Consequently, the All-Share Index advanced 72bps to 26,507.84 points. Market capitalisation rose ₦98.5bn to…
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A don, Prof. Wumi Iledare, on Monday, said that there was no need for organised labour to embark on strike over the…
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BusinessFinanceNews
Unity Bank risk N4bn in judgement summons proceedings, two staff may go to jail on Monday
Unity Bank PLC. is at the risk of losing N4billion to Zamfara State Compulsory Free Basic Universal Education board. The bank which…
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EconomyFinanceNews
Afreximbank recognised for its role in promoting intra-African trade by the Africa-America Institute (AAI)
The African Export-Import Bank (Afreximbank) has been awarded the 2020 Africa-America Institute (AAI) ‘International Institution of Excellence Award’, during the Institute’s 36th…
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The Federation Account Allocation Committee (FAAC), distributed the sum of N696.18 billion to Federal, State, and Local governments in July 2020, from the revenue generated in…
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The bulls continued to dominate trading on the nation’s bourse with the market capitalisation appreciating further by N107 billion on Thursday, amid…
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Profit-shifting enterprises cost governments about $500 billion (N190 trillion) in losses annually, according to a United Nations panel of experts. Profit shifting…
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President Muhammadu Buhari says there is a compelling need to strengthen international cooperation in the global effort to curtail the menace of…