The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Rafiu Adebayo Ibrahim, has said that since AMCON over the…
Finance
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Today, sell-offs in Banking stocks – ZENITH (-1.6%), GUARANTY (-0.9%), ACCESS (-3.4%) and UBA (-2.0%) – extended the bearish performance in the market to the…
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The National Industrial Court, Abuja, on Thursday adjourned until Oct. 24 hearing of the preliminary objection filed by Securities and Exchange Commission…
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BusinessEconomyFinanceNews
Forensic, investigative auditor’s Bill will reassure foreign investors—CIFIA boss
President, Chartered Institute of Forensic and Investigative Auditors (CIFIA) Dr Victoris Enape, has said that the passage of the CIFIA Bill will…
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African Development Bank AfDB said it has initiated a $40 million project to develop agriculture in Nigeria and 26 other African countries.…
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eTranzact, says it is set to deepen financial inclusion by expanding its PocketMoni service with 10,000 active mobile money agents, through the…
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The Board of Directors of Coronation Merchant Bank limited has appointed Banjo Adegbohungbe as an Executive Director and Chief Operating Officer of…
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Red Star Plc has declared a dividend payout of N236million that is 40 kobo gross per share. The company in its financial…
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The performance of the domestic equity market was bearish today as investors continued to book profit on large cap stocks – DANGCEM (-0.9%),…
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President Muhammadu Buhari has assented to the Nigeria Financial Intelligence Unit Act into law. This was disclosed by the Senior Special Assistant…
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The inter-bank Foreign Exchange Market has received the sum of $210million from the Central Bank of Nigeria (CBN), to meet customers’ requests…
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BusinessFinanceNews
Two of three largest M&A deals in the first half of 2018 took place in Nigeria—Reuters
Thomson Reuters, has released its Investment Banking Sub-Saharan Africa (SSA) region review for the first half of 2018. According to the review…
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President, Chartered Institute of Investigative and Forensic Auditors (CIFIA) Dr Victoria Enape, has lauded the Senate over the passage of the CIFIA…
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The domestic bourse started the week on a bullish note as the All Share Index advanced 0.1% to 37,651.89 points while YTD loss moderated…
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The Central Bank of Nigeria (CBN) has directed Mobile Money Operators (MMOs) and other electronic payment service providers to comply with the…