News
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Positive momentum: NGX records impressive 13.8% weekly surge, closing with a 2.87% gain
On the last trading day of the week, the NGX All-Share Index recorded a 2.87% gain as it appreciated by…
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Unilever Nigeria Plc Appoints Michael Ikpoki as Interim Board Chairman as HM Nnaemeka Achebe Retires
Unilever Nigeria Plc hereby notifies that Mr. Michael Ikpoki has been appointed as Interim Chairman of the Board of Unilever…
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Nigeria’s External Debt Service Cost Increased by 74% YoY to USD1.4bn in Q3 2023
Nigeria’s total external debt service payments increased by 74% y/y to almost USD1.4bn in Q3 ’23, according to data from…
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Alleged 4bn Fraud: EFCC Drags Babangida Aliyu and Tanko Beji to Appeal Court
The Economic and Financial Crimes Commission, EFCC, has approached the Court of Appeal to set aside a no-case ruling granted…
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FG Ready to Approve Shell’s $2.8bn Assets Sale Deal with Oil Consortium, Says Lokpobiri
In what appeared a clean break from the past, the Federal Government has said it is willing to immediately approve…
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Nigeria’s Former Central Bank Head Charged With $6 Million Fraud
Trial in fraud case of Godwin Emefiele resumed on Thursday Ex-central banker suspended last June by President Bola Tinubu Prosecutors…
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Nigeria’s Retail Banks Can Fend off Fintechs With Regulation And Infrastructure Development
In a report released in January 2024, S&P Global Ratings said that financial technology (fintech) will close the gap of…
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Aviation Minister Directs the Relocation of FAAN Headquarters from Abuja to Lagos
e The Federal Airports Authority of Nigeria notes the inquiries some Nigerians have made regarding the directive of the Minister…
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CBN is still short of the amount needed to clear forex backlog – Fitch Ratings
Credit ratings agency Fitch stated on Thursday that the CBN continues to face a shortage of foreign exchange to clear the…
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MTN Nigeria’s ballooning debt is disturbing
MTN Nigeria Communications Plc, a prominent player in the nation’s telecommunications sector, has etched its mark since its establishment in…
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