The bears sustained the run on the domestic bourse as the benchmark Index slipped 0.18% to settle at 103,952.47 points. Selloffs of MTNN (-1.70%), FBNH (-3.57%) and…
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BusinessFinanceNews
Afreximbank, CDP sign MoU for €200-million facility to support food security interventions across Africa
Cassa Depositi e Prestiti S.p.A (CDP) Italy, the official Italian financial institution for international development cooperation and Africa Export-Import Bank (Afreximbank) have…
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Opening the week, the local bourse nudged slightly lower as the benchmark Index shed 0.49% to settle at 104,136.35 points. Selloffs of Tier-1…
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Some financial experts have commended the Federal Government for some of its monetary policies that have led to the steady appreciation of…
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BusinessFinanceNews
Binance Executive Nadeem Anjarwalla escapes from custody – NSA Office as FG files tax charges
An executive of cryptocurrency platform, Binance Nadeem Anjarwalla, being held by Nigeria government has escaped from custody, according to the Office of…
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The Federal Ministry of Industry, Trade and Investment has unveiled the Bank of Industry’s (BoI’s) palliative food programme in its bid to…
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The sum of N1.153 trillion February 2024 Federation Account Revenue has been shared out to the Federal Government, States and Local Government…
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Bullish sentiments dominated the market in the last trading session as the All-Share Index gained 0.25% to close at 104,647.37 points. Gains in Tier-1 banks namely, GTCO (+3.28%),…
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Special Adviser to President Tinubu, Bayo Onanuga, has advised currency speculators to drop their dollar holdings as Nigerian currency, the Naira, will…
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The local bourse gained 0.13% to close at 104,387.47 points. Investors interest in BUACEMENT (+1.56%), GTCO (+2.94%), and ZENITHBANK (+3.82%) contributed to outweigh selloffs in MTNN (-2.08%), FBNH (-4.55%), and NESTLE (-0.11%),…
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The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge…
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The Lagos bourse slips further as the benchmark Index lost 0.28% to settled at 104,256.81 points. Selloffs in Teir-1 banking, name, ZENITHBANK (-0.26%) FBNH (-9.90%) alongside TRANSCORP (-7.19%) outweighed…
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BusinessFinanceNews
Access Bank PLC, KCB group sign binding offer on acquisition of National Bank of Kenya
Access Bank PLC and KCB Group PLC (“KCB”) have signed a binding agreement to acquire 100 percent shareholding in National Bank of…
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Funds set up by the African Export-Import Bank (Afrexim) have more than $450 million to invest in financial services, creative industries, oil…
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Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect from June…