The domestic bourse sustained the bull run, as the benchmark index closed 0.57% stronger to settle at 102,149.93 points. Buy interests in SEPLAT (+10.00%),…
Finance
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Italian police said on Thursday they had uncovered a tax fraud carried out by 85 suspects involving 1.7 billion euros ($1.9 billion)…
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The Lagos bourse edged higher as the benchmark index closed 3.00% stronger to settle at 101,517.11 points. Continued buy interests in industrial heavyweights namely, DANGCEM (+6.49%),…
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Central Bank of Nigeria Governor Olayemi Cardoso has said that the exchange rate of the Naira to other currencies is grossly undervalued. He said…
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The Nigerian National Petroleum Company Limited (NNPCL) has said that it plans to use the $3.3 billion loan from African Export-Import Bank…
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Closing the week, the Lagos bourse ended the session on a positive note, bringing the All-Share index up by 2.87% to close at…
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Former central bank Governor Godwin Emefiele was again on Friday charged with fraud, including obtaining $6.2 million in bank funds under false…
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FinanceNewsStock Market
GlaxoSmithKline to delist from NGX as All-Share Index edges higher, up 2.04%
GlaxoSmithKline (GSK) Plc has said that it has received the Securities and Exchange Commission’s (SEC) approval of its scheme arrangement (earlier sanctioned…
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Nigeria’s central bank still lacks the foreign exchange to clear the backlog of demand, and the country’s high interest payment to revenue…
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FinanceNewsStock Market
Access Holdings Plc obtains CBN’s approval-in-principle to establish consumer lending, NGX All-Share Index sustains gains, up 238bps
Access Holdings Plc obtains the CBN’s approval-in-principle to establish a consumer lending subsidiary to be known as Oxygen X Finance Company Limited.…
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FinanceNews
CBN Tackles FX Transactions abuses in clearing $2bn liabilities backlog to continue settlement of verified FX backlog
The Central Bank of Nigeria (CBN), has said that in its bid to clear the backlog of outstanding foreign exchange liabilities, paid…
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The domestic bourse maintained the bull run as the benchmark index closed 3.93% stronger to settle at 87,971.10 points. Sustained buy interests in industrial…
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A former Minister of Commerce and Industry in the federal republic of Nigeria Mr. Charles Chukwuemeka Ugwu has been arrested by the…
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Opening the week, Nigerian equities extended gains from last week as the benchmark index closed 1.92% stronger to settle at 84,640.89 points. Buy…
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The Central Bank of Nigeria (CBN) has said its plan to relocate some of its departments from its head office in Abuja…