The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of its drive to adopt cost effective method of bank failure resolution to…
Finance
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Nigeria IMI is trading at 4.8x 12m, thus making the country assets cheaper than ever a Fund Manager EFGHermes has said in…
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President Vladimir Putin of Russia addressing the opening of the Russia-Africa Economic Forum in Sochi, Russian Federation, as Afreximbank President Prof Benedict…
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Residents and businesses in Oshodi, Lagos State, and its environs now have an opportunity to enjoy the excellent financial services offered by…
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Financial institutions that implement AI early have the most to gain from its use, but also face the largest risks. The often-opaque…
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NSIA Banque Côte d’Ivoire has taken over the Ivorian assets of NSIA Banque Bénin (formerly Diamond Bank SA) by increasing in its…
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Zenith Bank Plc has maintained its market dominance and leadership with its unaudited results for the period ended 30 September, 2019. From the unaudited…
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The bearish trend in the local bourse halted in today’s trading session as the All-Share Index (ASI) rose 0.1% to settle at…
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Investors on the floor of Nigerian Stock Exchange (NSE) staked N7.83 billion on 694.02 million shares in 2,780 deals. The volume of…
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President, African Development Bank (AfDB) Mr Akinwunmi Adesina, has awarded $1.1 million to 10 young African agric entrepreneurs to boost food production…
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United Bank for Africa Plc, has recorded impressive performance in its unaudited 2019 third quarter 2019 Financial Results, with significant growth in…
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EconomyFinanceNews
Joint Ministerial Committee of the board of governors of World Bank, IMF on transfer of real resources to developing countries
1. The Development Committee met today, October 19, in Washington, DC. 2. Global growth remains subdued, reflecting the softening pace of investment…
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The African Export Import Bank has said that its intervention in the maritime sector in the last 3 years is over US$500million…
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EconomyFinanceNews
Nigerian delegation to 2019 IMF/World Bank secures $3bn World Bank power financing, Nigerian banks are sound
At the conclusion of the 2019 IMF/World Bank Annual Meetings in Washington, the Nigerian delegation led by the minister of Finance said…
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The Nigerian Stock Exchange (NSE) moved 310.56 million shares worth N4.99 billion in 2,825 deals. This was against 147.09 million shares valued…