The African Development Bank (AfDB) has approved a $50 million line of credit to Nigeria’s Fidelity Bank Plc to support small and…
Finance
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In another round of intervention, the Central Bank of Nigeria (CBN), on Friday, October 19, 2018 injected over $337 million in the…
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The National Pension Commission (PenCom) has approved 3, 280 applications for payment of retirement benefit under life annuity plan. The commission, in…
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Wema Bank Plc, has announced a 70 per cent growth in Profit Before Tax (PBT), from N1.80billion in Q3’2017 to N3.07billion in…
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United Bank for Africa Plc UBA’s unaudited 2018 Third Quarter Financial Results shows ga Gross Earnings of N374.8 billion. This represents a…
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The domestic equities market performed positively today following buy interest in DANGCEM (+3.0%) as ex-DANGECM the market would have closed in the red.…
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Multilateral lenders account for 35 per cent of Africa’s total external debt, and 32 per cent by private lenders. China accounts for…
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The Nigerian Governors Forum (NGF) says it is not against the upward review of the minimum wage. The Chairman of the Forum,…
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(Reuters/NAN) Novartis is paying $2.1 billion for nuclear medicine specialist Endocyte in Chief Executive Vas Narasimhan’s latest deal to reshape the Swiss…
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The Federal Executive Council (FEC) has approved six Transaction Parties as adviser to the Federal Government on the issuance of $2.78 billion…
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The World Bank has said that Africa is home to the largest number of extreme poor people in the world. Nigeria was…
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BusinessFinanceNews
Refinitiv financial, markets data to be integrated with Microsoft applications and services,
Refinitiv, formerly the Financial and Risk business of Thomson Reuters, said that its financial and markets data will be integrated in Microsoft…
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The National Industrial Court, sitting in Ikoyi, Lagos State, on Monday voided the termination of employment of Mrs Arese Alonge, declaring her…
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At the conclusion of the 2018 IMF/World Bank Annual Meetings, The Nigeria delegation led by the Minister of Finance Ms Zainab Ahmed…
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EconomyFinanceNews
Presentation made by Ms. Zainab Ahmed, Nigeria On behalf of G24 at IMF/World Bank Annual Meetings
On behalf of Angola, Botswana, Burundi, Eritrea, Eswatini, Ethiopia, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Nigeria, Sierra Leone, Somalia, South…