News
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Equity Market Supports Positive Reversal as Investors Go Long
The Equity market opens the week bullish as investors’ buy interest is renewed. The NGX All-Share Index advanced by 0.45%…
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Moody’s Places the Long-term Ratings of Nine Nigerian Banks on Review for Downgrade
Moody’s Investors Service (Moody’s) has placed on review for downgrade the long-term deposit ratings, as well as long-term issuer and…
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Beyond the Noise: Dangote Explains its Obajana Travails
1. This is a statement issued for the sole purpose of addressing the concerns and apprehensions of the stakeholders of…
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Appeal Court Discharges Nnamdi Kanu says Federal high court lacks jurisdiction to try him
The Court of Appeal in Abuja has discharged Nnamdi Kanu, the leader of the Indigenous People of Biafra. A three-man…
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Subscription at the NTB Primary Auction Market Take a Knock
At the NTB primary auction on Wednesday, the DMO sold N34.83 billion worth of notes lower than the N190.88 billion…
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Nigeria Proposes Debt Restructuring as Debt Service Commitments Mount
The Minister of Finance, Zainab Ahmed, stated that Nigeria is considering debt restructuring and extending its credit obligation repayment period…
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Nigeria’s Crude Oil Production Drop to a Record Low
Nigeria’s Crude Oil Production Takes a Further Wallop The latest Monthly Oil Market Report (MOMR) for September 2022 by the…
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Dangote’s 650,000bpd Refinery 97% Completed, says NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Dangote Petroleum Refinery, upon which the hope…
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Dangote: Our acquisition of Obajana Cement plant followed Due Process
*Obajana Cement PLC was incorporated in 1992 and as at 2002 had no paid up shares * Kogi State has…
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FirstBank: A triumphant Return to the Nigerian Banking Frontline
The story of Corporate Nigeria in 2022, cannot be complete without a chapter on the incredible performance of First Bank…
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