About 21 states in Nigeria attracted zero investments in the last 4 months according to data from the Central Bank of Nigeria.…
Category:
Finance
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Gains in bellwethers – ZENITH (+3.7%), GUARANTY (+1.3%) and NIGERIAN BREWERIES (+3.2%) – lifted the All-Share index 31bps higher to settle at 24,841.94 points. Thus,…
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FBN Holdings Plc said it has sold its life insurance company and invested the proceeds of N25 billion as equity into First…
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FinanceNewsStock Market
Buying interest lifts stock market benchmark index as investors gain N37.8bn
The domestic equities market opened the week on a positive note as buying interest in BUACEMENT (+2.0%), GUARANTY (+1.6%) and FLOURMILL (+10.0%) buoyed the All-Share index 29bps to…
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Minister of Transportation, Rotimi Amaechi says Nigerian government has the capability to pay back loans collected for the construction of rail projects…
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President Buhari has said that past and present public officers have abused their trust. Buhari said this while reacting for the first…
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EconomyFinanceNews
Zenith Bank excites customers with massive giveaways in Zenith Beta Life weekly promo
Zenith Bank Plc, has commenced its “Zenith Beta Life” Promo to reward customers of the Bank with gifts every week starting from…
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FinanceIndustryNews
FG supports 10 local ventilator, 46 hand sanitiser manufacturing companies to boost economic recovery
Federal Government says it is providing economic stimulus for the manufacturing sector as part of measures to come out of coronavirus pandemic. Specifically,…
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Ecobank Nigeria has unveiled a special loan package for female entrepreneurs in the country. The Ecobank Female Entrepreneurs’ Initiative (EFEI) loan is…
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As investors cherry-picked SEPLAT (+10.0%), BUACEMENT (+1.0%) and FBNH (+1.0%), the All-Share index rose 18bps to settle at 24,693.73 points. Consequently, investors gained ₦22.7bn as market…
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Unity Bank Plc has recorded 11 percent growth in its earnings to N22.8 billion in the first six months of 2020 (H1′…
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The benchmark index declined by 54bps to settle at 24,650.16 points due to sell-offs in MTNN (-1.7%), GUARANTY (-3.0%) and SEPLAT (-9.8%). Consequently, investors lost…
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National Bureau of Statistics said in its report that the sectoral distribution of Value Added Tax (VAT) data for H1 2020 showed…
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The Independent Review Panel set up by the Bureau of Governors of the African Development Bank (AfDB), has exonerated President of the…
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President Muhammadu Buhari has approved the appointments of Alhaji Sabiu Abubakar and Mr Oba Oluniyi as Deputy Commissioners for Insurance, National Insurance…