International Monetary Fund has proposed Antoinette Sayeh, a Liberian national as Deputy Managing Director. This will make the two top management position of…
Finance
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Federal Inland Revenue Service (FIRS) has given a timeline of April 12, 2020 for all taxpayers and organisations to obtain Tax Identification…
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The equities market continued its loss-making trend as the All-Share Index dipped 62bps to 26,808.24 points following price declines in STANBIC , GUARANTY and FBNH. Also,…
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Most bourses in the Gulf fell further on Thursday as a rise in new coronavirus cases outside of China heightened fears of…
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Bank of Industry has now approved a $20M technology fund for young innovators, Central Bank is offering a N90B soft loan facility…
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Sell-offs in MTNN (-3.5%), ETI (-3.9%) and STERLNBA (-6.0%) dragged the All-Share Index 22bps down to 26,974.38 points. This resulted to a slowdown in YTD return to…
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AgricultureBusinessFinance
Domestic Ivorian cocoa exporters competing with multinationals fear bankruptcy
Domestic Ivorian cocoa exporters fear going bankrupt because they cannot compete with the higher prices multinational companies are paying for beans, the…
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The South African rand gained on Wednesday after Finance Minister Tito Mboweni said in a budget speech that the government would cut…
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The African Export-Import Bank (Afreximbank), in collaboration with FCI, will hold a two-day conference in Nairobi to promote the use of factoring…
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Asset Management Corporation of Nigeria (AMCON) has taken over the assets of Alhaji Buba Galadima and that of his company, Bedko Nigeria…
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The All-Share Index lost 3bps to 27,033.10 points following sell pressures in NIGERIA BREWERIES (-2.1%), GUARANTY (-0.4%) and ZENITH (-0.3%). Accordingly, market capitalisation fell ₦4.1bn to ₦14.1tn…
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Access bank plc has directed that all Diamond Bank cheque will no longer be valid for transact at the end of this…
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Losses in banking stocks – GUARANTY (-3.8%), ZENITH (-3.8%) and ACCESS (-6.4%) – dragged the All-Share Index down 127bps to 27,041.03 points. Consequently, YTD return plunged to…
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Shareholders of the European Bank for Reconstruction and Development will be asked in May whether to give the bank the green light…
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Africa Finance Corporation (AFC) is investing $63 million to build and operate a 60 megawatt (MW) wind farm in Djibouti, the Lagos-based…