The Asset Management Corporation of Nigeria on said Arik Air and the other firms belonging to its principal promoter, Johnson Arumemi-Ikhide, was…
Category:
Finance
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Central Bank of Nigeria (CBN) has said that it disbursed a total sum of $2.83 billion to intervene in the foreign exchange…
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Nigeria’s Debt Management DMO, said it has raised N160 billion bonds at its second debt auction this year at yields lower than…
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Fitch Ratings has revised the Outlook on 4 Nigerian banks to Negative from Stable and affirmed the Long-Term Issuer Default Ratings (IDRs)…
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African Export-Import Bank (Afreximbank) and Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group have signed a memorandum of understanding (MOU)…
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Treasury Single Account (TSA) now has a total of N5.2trillion since its implementation started in October 2015. The Accountant General of the Federation,…
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French car maker Peugeot on Tuesday said it was in talks with General Motors over a potential acquisition of its European business…
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Federal Government has said that the almost 8-fold over-subscription of its recent Eurobond (orders in excess of $7.8 billion compared to a…
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The Chartered Institute of Stockbrokers, (CIS) has concluded arrangement to commence a new certification policy that would enable an aspiring stockbroker to…
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Thirty-two lucky customers of Skye Bank Plc., across different business locations of the Bank, have emerged winners in the on-going Western Union…
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The Presidency, at the weekend, disclosed that it has set up a technical committee headed by Vice President Yemi Osinbajo to help…
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The Federal Republic of Nigeria said that it has priced its offering of $1 billion aggregate principal amount of notes under its…
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Banks (DMBs) operating in the country are now to contribute 5 per cent of their annual Profit After Tax to an Agriculture…
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Asset Management Company of Nigeria has taken over the operations of Arik Air to save it from total collapse. Arik Air has…