United Bank for Africa (UBA) plans to increase its presence in Africa outside Nigeria to 25 countries from 18 now and inject…
Category:
Finance
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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…
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President Muhammadu Buhari has asked the World Bank to help Nigeria recover N102.4 billion ($320 million) looted and hidden in Swiss bank…
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Africa Finance Corporation (AFC) has announced the appointment of Grant T. Harris as an independent Director. Mr. Harris joins AFC after serving four…
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FBN Holdings Plc has declared gross earnings of N505.2 billion for the financial year ended Dec. 31, 2015. This was against the…
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The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday rebounded by N20 billion due to moderate gains posted by some…
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Federal Government will soon release a new blueprint to reposition the country’s insurance industry, Minister of Finance, Mrs Kemi Adeosun has said.…