In today’s trading session, price depreciation in MTNN (-10.0%), GUARANTY (-9.1%) and ZENITH (-10.0%) dragged the All-Share index down to 22,695.88 points. Consequently, investors lost ₦457.0bn as market…
Finance
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BusinessFinanceNews
Africa’s richest woman, Ogun State First Lady, others celebrate FCMB SheVentures at 1
On March 5, 2020 leading lender First City Monument Bank celebrated the first year anniversary of SheVentures, its exclusive proposition for women…
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BusinessEconomyFinanceNews
CBN to deploy additional measures to strengthen buffers, insulate economy from global headwinds
Governor Central Bank of Nigeria Mr. Godwin Emefiele has said that the CBN “working with the fiscal authorities, will not hesitate to…
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The bloodbath continued in today’s trading session as price decline in DANGCEM (-10.0%), NESTLE (-10.0%) and ZENITH (-7.7%) dragged the All-Share index down…
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BusinessEconomyFinance
Receivables finance Can Help Close Africa’s $90bn SME Financing Gap— Kenya Central Bank Governor
Governor of Central Bank of Kenya Dr. Patrick Njoroge, has said that receivables finance is an important tool that can help to…
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The International Monetary Fund IMF, has said that The United Kingdom announced a package of measures to respond to the economic challenges…
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FinanceNewsStock Market
Share price at Nigerian Stock market dips further as investors lost ₦656.0bn
FCMB Plc has said at the floor of the Nigerian Stock Exchange that it issued ₦20 billion commercial paper with a tenor…
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Access Bank Plc Audited financial result submitted in the floor of the Nigerian Stock Exchange showed that the bank’s gross earnings was up…
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BusinessEconomyFinanceNews
Market round up for the week: Nigeria weaker growth prospects on external vulnerabilities
Three months after Moody’s and Fitch downgraded Nigeria’s sovereign ratings outlook to negative, S&P Global finally took the same action this week…
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Ecobank Nigeria has unveiled a new product offering, Xpress Save and Xpress Loan, enablingcustomers to conveniently & speedily open digital savings accounts…
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AgricultureFinanceNews
African Finance Ministers, Central Bank Govs to Parley At Agric Confab in Abuja
Ministers of Finance and Governors of Central Banks in Africa will converge on Transcorp Hotel, Abuja from Monday, March 9 to Tuesday…
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The Senate has given its consent to President Muhammadu Buhari’s request to borrow $22.7 billion.The loan was requested by the president in order…
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Stanbic IBTC Holdings Plc reported that its Gross earnings rose by 5.4 per cent Y-o-Y to ₦233.8billion; while its PAT increased by 0.8…
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The IMF is making available about $50 billion through its rapid-disbursing emergency financing facilities for low income and emerging market countries that…
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Kenya’s chief prosecutor has fined five banks a total of 385 million shillings ($3.75 million) for not reporting suspicious transactions under anti-money…