Nigerian equities opened the week strong today as the benchmark index gained 2.48% to close at 64,603.69 points, the highest point since…
Category:
Finance
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National Bureau of Statistic has said that Nigeria’s total capital inflow for the first quarter of 2023 dropped by 28% in the…
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Some financial experts have urged the Federal Government to explore Public Private Partnership (PPP) option in addressing the country’s infrastructural challenges. They…
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FinanceNews
FBNH majority shareholders to “join forces” against Otudeko in battle for soul of the bank
Some of the majority shareholders of FBN Holdings Plc are said to be joining forces to fight off Oba Otudeko from reclaiming…
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Ending the week, the Lagos bourse maintained the bullish trend as the benchmark index closed 1.65% stronger to settle at 63,040.87 points. Sustained…
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FinanceNews
Nigeria banks drop lower in the Top 1000 World Banks ranking as African banks face mounting challenges
The Banker Magazine ranking of top 1000 world banks has said that “Nigeria banks had a mixed year in 2022; the country’s…
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Extending gains for the second consecutive session, the local equities closed higher as the benchmark index gained 0.81% to settle at 62,019.88 points. Industrial heavyweight, DANGCEM (+1.75%)…
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The Federal Competition and Consumer Protection Commission (FCCPC) has barred PoS operators in Nigeria from implementing the recently announced increase in charges…
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Recovering from yesterday’s decline, the Lagos bourse posted gains as the benchmark index rose by 1.33% to close at 61,523.57 points. Renewed…
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The Banker Magazine has said that Zenith Bank and Access Bank were severely impacted by their exposure to Ghanian Eurobond. According to…
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Today, the domestic bourse slipped as the benchmark index closed 1.99% weaker at 60,715.04 points. Gains in PRESCO (+1.69%), FCMB (+4.26%), and TRANSCOHOT…
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Australia’s fourth largest pension fund suspended new work with PwC Australia on Tuesday, the latest in a string of funds to pause…
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EconomyFinanceNews
ANAN is created to inculcate standards of integrity, probity, honest and good conscience—Gov. Inuwa
The Gombe State Governor, Muhammadu Inuwa Yahaya has said that the Association of National Accountants of Nigeria (ANAN), a very crucial body…
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TAJBank Limited, Nigeria’s fast-growing non-interest bank, has set a new record in the Nigerian banking system with the payment of dividends to…
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FinanceNews
Zenith Bank named number one bank in Nigeria by tier one capital in the 2023 top 1000 World Banks ranking
Zenith Bank Plc has retained its ranking as the Number One Bank in Nigeria by Tier-1 Capital in the 2023 Top 1000…