News
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Zenith Bank to raise N290b through rights issue, public offer
Zenith Bank Plc will be raising N290 billion through a combination of a rights issue and public offer. The bank…
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Cardoso’s Inflation Targeting Agenda: The Hope, The Challenges
CBN remains optimistic over its drive to cage the raging inflation as it moves to tame growth in money…
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Zenith Bank seeks NGX approval to sell 5bn shares through rights issue
Zenith Bank Plc has sought approval from the Nigerian Exchange (NGX) Limited to sell 5.23 billion shares through rights issue…
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Bloody Sunday in Enugu as security agents hunting for IPOB kill unarmed people
How security agencies and members of the Indigenous People of Biafra, on Sunday, turned their guns on the sleepy Emene…
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FIRS Nigeria: Understanding the Tax Treatment of Foreign Exchange Transactions
The Federal Inland Revenue Service Nigeria (FIRS) has issued a circular to provide information and guidance to the public, taxpayers,…
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Court remands Osun Medical Doctor Shakiru In Prison For Allegedly R*ping Teenage Job Seeker
A Chief Magistrate’s Court sitting in Osogbo, capital of Osun State has ordered the remand of a practising medical doctor…
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Wale Edun: There are impediments to direct FAAC payments to LGAs
Wale Edun, the minister of finance, says there are “practical impediments” to the implementation of direct payment of allocation to…
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Oando Plc Announces the Approval of the Acquisition of 100% Shares of Nigerian Agip Oil Company
Oando Plc, Nigeria’s Indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange, is pleased…
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CBN MPC Raises MPR to 26.25%, As Inflation Jitters Persist
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has raised its monetary policy rate (MPR) for the fourth…
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NACCIMA, others kick as CBN hikes interest rate to 26.75%
The Central Bank of Nigeria, CBN yesterday intensified its efforts to curb rising inflation as it announced further hike in its…
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