Chief Edwin Clark has asked Governor Ifeanyi Okowa of Delta State to as a matter of urgency, refund his alleged illegal and…
Finance
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Federation Account Allocation Committee (FAAC) has shared N655.932 billion to federal, states and local governments for the month of April 2023. A communiqué…
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The Abuja Zonal Command of the Economic and Financial Crimes Commission (EFCC) has arrested 26 suspected internet fraudsters. Wilson Uwujaren, the EFCC…
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NEM Insurance Plc paid N7.6 billion to its claimants for the financial year ended Dec. 31, 2022. Dr Fidelis Ayebae, Chairman, NEM…
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The Chairman Board of Directors, Bank of Industry (BOI) Group, Aliyu Dikko, said that the total assets of the group grew by…
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Ghana’s Finance Minister Ken Ofori-Atta said on Friday that the first $600 million tranche of a $3 billion, three-year extended credit facility…
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In the last trading session of the day, Nigerian equities staged a rebound, recouping the prior session loss as the benchmark index…
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Senate said it has uncovered how the National Examination Council (NECO) illegally awarded N6.5 billion contracts for the printing of security materials.…
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Ecobank Transnational (ETI)’s made a profit of $222 million in 2022 financial year compared with $295 million in 2021. The Group’s profit…
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The Lagos bourse closed higher as the benchmark index gained 0.31% to settle at 52,580.86 points. Sustained interests in ZENITHBANK (+2.65%), GTCO (+4.18%)…
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French authorities are seeking to recover 2.5 billion euros ($2.75 billion) in back taxes from several banks over their alleged roles in…
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EconomyFinanceNews
N/Delta 10th National Assembly members to push for upward review of 13% derivation formula
Bayelsa State government has urged members of the incoming 10th National Assembly from the Niger Delta to vigorously agitate for an upward…
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Central Bank of Nigeria has said that the nation had a total foreign exchange inflow of $72.4 billion in 2022. This fact…
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Nigerian equities extended the bullish run as the benchmark index gained 0.36% to settle at 52,419.33 points. Gains in Tier-1 banking names…
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Opening the week, activity on the Lagos bourse ended mixed albeit with a bullish tilt as the benchmark index closed 0.03% higher…