Finance & Economy
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EXCITEMENT IN SHAREHOLDERS’ CAMP AS FIRSTBANK SHEDS NPL BURDEN
With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results,…
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FCMB 2022, Q1: Harbinger of Juicier Outing in Full Financial Year.
The release of the full year result for 2021 by First City Monument Bank (FCMB) does not only promise a…
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FRST BANK BOUNCES BACK TO LEADERSHP
First Bank ,Nigeria’s oldest bank , had gross earnings inched up by 28% in the full year 2021; however ,…
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Emefiele is not sacked– Osita Nwanisiobi
The head of corporate communications of the Central Bank, Osita Nwanisiobi has said that the rumours of a purported sack…
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GTCO PROFIT BACKTRACKS AGAIN
reports profit of N43 billion in Q1 2022 , 5.13% decline year on year..
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GTCO “s MARKET LOSSES HIT INVESTORS HARD
It has been a challenging 2022 for Nigerian bank stocks Year-to-date; the sector index has returned a disappointing 7.4% and…
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STANBIC BANK Q1, 2022: A BIG RECOVERY
With the release of the first quarter result for 2022 , the red ink blotting the progress of Stanbic-IBTC in…
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EFCC Arrests Ahmed Idris, Accountant General of the Federation for N80billion Fraud
Operatives of the Economic and Financial Crimes Commission, EFCC, on Monday, May 16, 2022 arrested serving Accountant General of the…
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CBN Raises Alarm On Drug Related transactions from Benin Republic
The Central Bank of Nigeria has warned Nigerian banks to be vigilant regarding transactions related to the Benin Republic due…
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April 2022 Last Trading:NGX market cap goes up by N431 billion
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 164…
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