Airtel Africa Plc has notified the Nigerian exchange and the investing public of the acquisition of voting rights by Hero Inc. Limited (“Hero”),…
Category:
Finance
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Committed to fostering diversity in the African Tech Industry, the Africa Fintech Foundry (AFF) and Access Bank’s ‘W’ Initiative have collaborated to…
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Nigeria’s leading lender, First City Monument Bank (FCMB), has emerged as Best SME Bank in Africa and Best SME Bank in Nigeria at the Asian Banker…
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FinanceNews
Ecobank Super Reward Scheme is to deepen savings, celebrate, assist customers’ businesses – MD/CEO
Managing Director/Regional Executive, Ecobank Nigeria Ltd, Patrick Akinwuntan has said the bank initiated Super Reward Scheme to deepen savings amongst Nigerians, reward…
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Central Bank of Nigeria CBN has said that its Digital Currency, is designed to complement rather than replace the existing paper money…
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African Export-Import Bank (Afreximbank) has released its audited financial statements for the six months ended 30 June 2021, showinga solid performance, in…
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EconomyFinanceNews
CBN takes on Senate over alleged un-remitted operational surpluses, 80% surpluses remitted yearly
Central Bank of Nigeria, CBN has taken on the Senate over allegation of un-remitted 80 per cent of operational surpluses into the Consolidated…
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National Pension Commission (PenCom) is set to commence online verification and enrollment for its 2021 retirees and prospective retirees of Federal Government…
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FinanceNews
Afreximbank’s Fund for Export Development in Africa, Rwanda ratifies, Togo, South Sudan join three other signatories
The Republic of Rwanda has become the first African country to ratify the Agreement for the Establishment of the Fund for Export…
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Today, the local bourse sustained its bearish performance on the back of sell-offs in ZENITH (-1.0%), WEMABANK (-4.4%), and LIVESTOCK (-9.8%). Consequently, the…
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The first trade of the week resulted in a bearish performance as the benchmark index fell 40bps to 39,326.67 points due to…
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Central Bank of Nigeria CBN, has released draft guidelines for the ENaira to Nigerian banks, highlighting the daily transaction limit of ₦50,000, ₦200,000 and…
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In a clear demonstration of its resilience, Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2021,…
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Zenith Bank Plc has posted a profit before tax (PBT) of N117.05 billion for six months as of June 30, against N114.12…
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FinanceNews
Ecobank MD canvasses financial institutions, private investors synergy to bridge infrastructure gap
Managing Director, Ecobank Nigeria, Patrick Akinwuntan has advocated a synergy between financial institutions and private investors to address infrastructure deficit in the…