Afreximbank President Prof. Benedict Oramah shakes hands with Ronnie Ntuli, Chairman of the board of Thelo DB, following today’s signing of a…
Finance
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Top global designers and brands will storm Lagos for the “Style by Zenith 2.0” Fair, the second edition of Zenith Bank’s highly…
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FinanceNews
Afreximbank urges Open Account Terms for achievement of AfCFTA Intra-African trade goals
The African Export-Import Bank (Afreximbank) has urged the use of open account terms for trade in Africa in order to facilitate the…
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Phillips Consulting has said that it has put together a package that has helped Lagos and Ogun states to come together in…
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The Nigerian Equities market according to Afrinvest report halted its 5-week bearish run this week as the benchmark index gained 8bps W-o-W…
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EconomyFinanceNews
14 global asset managers, Nigerian banks for Reps probe over $7bn unaccounted for foreign reserve assets
House of Representatives has resolved to investigate the non-payment of seven billion dollars disbursed by the Central Bank of Nigeria (CBN) to…
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The equities market closed in the negative region today as the ASI declined 14bps to 26,188.24 points due to price depreciation in UNILEVER (-10.0%),…
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Africa Finance Corporation AFC, said it has successfully issue a $500 million Eurobond for general corporate purposes, maturing in October 2029. The…
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Today, the bearish momentum was sustained in the domestic equities market as the ASI declined 58bps to 26,223.66 points due to price depreciation…
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President Muhammadu Buhari has approved the appointment of Dr Sarah Omotunde Alade, as Special Adviser to the President on Finance and the…
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Sell pressures in NESTLE (-4.2%), MTNN (-1.2%) and UAC-PROP (-9.3%) dragged the benchmark index down by 10bps to 26,375.35 points. As a result, YTD loss worsened to -16.1% while…
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As part of sustained efforts to promote ethical values and professionalism within the bank, Fidelity Bank Plc, weekend disclosed plans to participate…
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Performance across sectors was mixed as 3 of 6 sectors under our coverage lost. The Banking index led gainers, driven by price appreciation…
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EconomyFinanceNews
Obaseki says Niger Delta lost $1.35bn to oil theft in first quarter 2019, Edo councils get N3.069bn allocation in October, as IGR rises by 8.2%
By Justina Gabriel The Edo State Governor, Mr. Godwin Obaseki, has flayed the incessant cases of oil theft in the Niger Delta,…
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Rice Farmers Association of Nigeria (RIFAN), has appealed to Central Bank of Nigeria (CBN), to reschedule its loan repayment plan for rice…