Zenith Bank Plc posts N58.7 billion profit before tax in its unaudited results for the first quarter ended March 31 2020. The…
Category:
Finance
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UBA Plc shareholders have commended the bank for declaring a dividend of N34.19 billion for the financial year ended Dec. 31, 2019.…
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Zenith Bank Plc,Unaudited Q1:2020 Result released on the floor of the Nigerian Stock Exchange showed the bank’s Gross Earnings grew 5.5 per cent…
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Union Bank of Nigeria Plc has announced gross earnings of N42.6 billion in its unaudited financial statements for the first quarter ended…
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Central Bank of Nigeria said it has resumed the sale of dollars to small and medium enterprises as well as for school…
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By Omoh Gabriel The International Monetary Fund IMF, has said that the near-term economic impact of COVID-19 on Nigeria is expected to…
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EconomyFinanceNews
FG turns to domestic market to borrow N850bn to finance 2020 budget as IMF approves $3.4bn to fight COVID-19
Federal Government has turned to the Nigerian domestic market to source the sum of N850 million to finance the 2020 budget just…
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NLC has urged federal and state governments to neither stop nor deduct workers’ salaries amidst the fight against COVID-19 pandemic. The Nigeria…
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The NSE recorded a bullish performance on Tuesday with the market capitalisation improving by N58 billion following gains in high capitalised stocks.…
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From left: Chairman, FCMB Group Plc, Mr. Oladipupo Jadesimi; Company Secretary/General Counsel, Mrs. Funmi Adedibu and Group Chief Executive, Mr. Ladi Balogun.…
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Indication are that the Central Bank of Nigeria has lifted its hold on interbank cheques clearing. This indication emerged from the Secretary…
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FBN Holdings PLC shareholders have approved a total dividend payout of N13.64 billion declared by the company for the financial year ended…
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Price appreciation in GUARANTY (+3.6%), MTNN (+0.9%) and ZENITH (+1.1%) buoyed market performance as the All-Share Index advanced 7bps to close at 22,616.28 points. Consequently, market capitalisation appreciated ₦8.8bn to…
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The coronavirus pandemic and its devastating economic impact on developing countries could fuel fresh interest in so-called diaspora bonds that allow migrants…