Sterling Bank and Access Bank have notified the Nigerian Stock Exchange (NSE) about their operations concerning the ongoing investigations by the Economic…
Finance
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The directors of ten banks collected N7.6 billion as fees and allowances in 2015, representing 1.58 percent of the banks’ profitability during…
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Activities on the Nigerian Stock Exchange (NSE) on Friday reacted positively to 2016 Budget signing by President Muhammadu Buhari with the market…
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Nigeria recorded N3 trillion inflow into the Treasury Single Account TSA) in the first quarter of 2016. The Accountant General of the…
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AgricultureBusinessFinanceNews
ECOWAS programme targets 60,000 MT of rice paddy in 2017, says official
Coordinator of ECOWAS-initiated Rice Seed Up Scaling Programme Mr Sunday Okelola, says farmers in seven Nigerian states will be assisted to produce…
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United Bank for Africa (UBA) plans to increase its presence in Africa outside Nigeria to 25 countries from 18 now and inject…
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BusinessEconomyFinanceNewsStock Market
Shareholders task SEC on CAMA review over N90bn unclaimed dividends
Some shareholder groups yesterday in Lagos called for review of the Companies and Allied Matters Act (CAMA) in view of unclaimed dividends…
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The Central Bank of Nigeria (CBN) has released the Purchasing Managers Index for April, which indicated further decline in economic activities across…
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The International Monetary Fund, IMF, has challenged Sub-Saharan African countries, to reset their economic policies in order to return to the path…
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Nigerian Capital Market on Tuesday appreciated by 3.20 per cent following MSCI Index provider decision that it would not implement changes for…
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The All-Share Index of the Nigerian Stock Exchange (NSE) on Thursday appreciated by 0.63 per cent as a result of huge gains…
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FBN Holdings Plc, the parent company of First bank Limited said it would cut jobs and focus less on providing loans…
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Sterling Bank Plc has posted a profit before tax of N2.8 billion for the first quarter ended March 31, 2016. This is…
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BusinessEconomyFinanceNews
President Buhari raises alarm over inability of states to pay salaries after bail-out.
President Muhammadu Buhari has raised alarm over the inability of about 24 states of the federation to pay their workers’ salaries despite…
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—-Create 5.85m jobs —-Attracted $40million foreign investment A total of 22,988 businesses in Nigeria have secured lease financing to the tune…