The Chairman, Egbin Power Station, Mr Kola Adesina, on Monday said that the plant in Lagos was facing serious challenges following the…
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Central Bank of Nigeria (CBN) said that over 40 million accounts have been enrolled to the Biometric Verification Number (BVN). The CBN…
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Stanbic IBTC should withdraw advertorial and tender apology-FR
*Restate regulatory decisions on directors The Financial Reporting Council yesterday asked the management of Stanbic IBTC Holdings to withdraw the advertorial published…
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FBN Holdings Plc yesterday said that its subsidiary, First Bank of Nigeria Limited, has settled the N1.88 billion fines imposed on the…
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Moody’s rating agency changed the outlook on MTN Group’s credit ratings to yesterday, citing the potential impact of a fine by the…
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Price Waterhouse Coopers, (PwC), yesterday, projected that imported used vehicles popularly referred to as Tokunbo cars will become non-existent as a direct…
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The Nigerian National Corporation (NNPC), says it has 26 crude oil grades to offer for sale to companies that would eventually win…
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The African Development Bank (AfDB) says the forthcoming Africa Economic Conference (AEC), to be hosted by the Democratic Republic of Congo in…
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The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that 278 companies are vying to secure the contract for the trading of about…
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The Securities and Exchange Commission (SEC) on Tuesday, promised to support FMDQ OTC to create a vibrant debt capital market (DCM) aimed…
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Oil marketers have commenced lifting petrol at Ejigbo depot in Lagos and Mosinmi depot in Ogun State with as many as over…
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The World Bank has ranked Nigeria 169 out of 189 countries in its latest report on the ease of doing business globally.…
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NSE market capitalisation loses N88bn to third quarter results sentiments
The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday dropped further by N88 billion due to poor third quarter results…
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Financial Reporting Council suspends Atedo Peterside, three directors of Stanbic IBTC
*Accuses bank of issuing misleading financial statements *Orders withdrawal of 2013, 2014 accounts *Stanbic IBTC debunks accusations The Financial Reporting Council (FRC)…
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PZ Cussons Nigeria Plc on Tuesday approved final dividend of N2.42 billion, representing a payment of 61 kobo per share to all…