Federal Government has requested $6.9 billion from World Bank, International Monetary Fund and Africa Development Bank to combat the social economic impact…
Category:
Finance
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EconomyFinanceNews
Prudential Zenith Life Insurance unveils additional benefits for customers affected by COVID-19 Pandemic.
Following the launch of its Coronavirus (COVID-19) initiative, Prudential Zenith Life Insurance has announced some additional benefits designed to address the negative…
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FinanceNews
Ecobank customers now enjoy zero charge for digital money transfers below N5,000 – Akinwuntan
Ecobank Nigeria says its customers now enjoy zero charge for digital money transfers below N5,000 being part of its corporate actions to…
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The market value of all listed companies in the Nigerian Stock market, lost about N2 trillion between January and March of 2020.…
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Nigerian Breweries PLC has informed the Nigerian Stock Exchange that it plans to raise fresh funds through issuance of commercial paper. The…
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FCMB Group Plc audited financial results showed that the Group’s gross revenue increased to N188 billion compared to N177.2 billion in 2018.…
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The domestic equities market closed on a positive note as the All-Share Index marginally rose 10bps to 21,121.20 points due to bargain hunting in DANGCEM (+9.9%),…
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BusinessEconomyFinanceNews
BOI disbursed ₦234bn to 10,145 enterprises, creates 1 million direct and indirect jobs
Bank of Industry (BoI) in the financial year 2019/2020 disbursed a total of ₦234 billion to 10,145 enterprises, thus facilitating the creation…
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Monetary contributions to the account set up at the Central Bank of Nigeria (CBN) under the auspices of the Private Sector Coalition…
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Fitch rating agency has downgraded the United Kingdom AA_ negative outlook. The downgrade the Agency said reflects a significant weakening of the…
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The COVID-19 pandemic is a crisis like no other. It feels like a war, and in many ways it is. People are…
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At the close of trade, the All-Share Index shed 94bps to 21,100.54 points following sell-offs in DANGCEM (-9.9%), ZENITH (-2.6%) and FLOURMILL (-9.9%). Consequently, YTD return settled at -21.4%…
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FinanceNews
Prudential Zenith Life protecting its customers during the Coronavirus (COVID – 19) pandemic.
In the face of the coronavirus pandemic and the resulting lockdown, Prudential Zenith Life Insurance is rolling out a range of services…
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BusinessFinanceNews
EXIM board approves $91.5m financing for renewable rural electrification project in Senegal
The Board of Directors of the Export-Import Bank of the United States (EXIM) yesterday unanimously approved approximately $91.5 million in loan guarantee…