Finance & Economy
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FAAC disburses N639.9 billion in October 2020, allocation drops by 6.2%
The FAAC disbursed a sum of N639.9 billion to the three tiers of government in October from the revenue generated…
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Jitters as Nigerian banks brace up for more loan provisioning
Banks are worried about rising cases of bad loans and will go after defaulters. Nigerian banks are bracing up to…
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Trade Grew in Q3 2020 Due to Faster Increase in Imports But Slower Recovery in Exports
The value of Nigeria’s merchandise trade stood at N8,374.4billion in Q3 2020. This represents an increase of 34.15% in Q3,…
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GT Bank Gets Approval Of Shareholders On Planned HoldCo Structure
The shareholders of GT Bank Plc have approved the holding company structure for the bank, as they expressed excitement over the benefits…
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LASG PARTNERS FIRSTBANK TO PROMOTE ACCESS TO AFFORDABLE HEALTHCARE
The Lagos State Health Management Agency (LASHMA), in its commitment to ensure that residents at the grassroots have access to…
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Nnamdi Okonkwo, Fidelity Bank MD, formally introduces Onyeali-Ikpe as successor
Nnamdi Okonkwo, the outgoing chief executive officer of Fidelity Bank, has formally introduced Nneka Onyeali-Ikpe as his successor to stockbrokers…
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Investors Gain N137.46bn WoW as NSEASI Inches Up by 0.72% to Close the Week Positive
Equities market closed on Friday ,December ,4,2020 on a positive note, as NSEASI appreciated by +0.48% to close at 35,137.99 basis points as against -0.25% depreciation recorded previously.…
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Fidelity Bank Excites Stock Market With Smooth Transition , Sustained Financial Performance
The stock market was in excitement on Wednesday with the smooth transition at Fidelity Bank Plc, when MD/CEO, Mr. Nnamdi…
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Zenith Bank Emerges Best Bank in Nigeria
Zenith Bank Plc has emerged as Bank of the Year in Nigeria in The Banker’s Bank of the Year Awards 2020.…
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CBN introduces “Special Bills” to control money supply
Nigeria central bank has announced the introduction of what it calls the “Nigeria Special Bills” in what it claims is…
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