Nigerian Communications Commission, NCC, has said that it would not be reviewing its deadline to bar all subscribers with four lines and…
Business News Report
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FinanceNews
CBN sets new minimum capital requirements of N200bn, N50bn for banks, gives 24 months to recapitalise
Central Bank of Nigeria has set a new minimum capital requirements for Nigeria banks. According to CBN the new minimum capital base…
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Renowned legal firm specializing in social advocacy and human rights, Crownfield Solicitors, has threatened to drag Heads of States of ECOWAS to…
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The Federal Competition and Consumer Protection Commission (FCCPC) has been made aware of the unfortunate incident at the KFC outlet located at…
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Nigeria equity market nudged higher as the benchmark index rose by 0.27% to close at 104,562.06 points. Renewed interest in MTNN (+0.91%), alongside sustained interest in tier 1 …
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EconomyFinanceNews
WBG publishes new data, aiming to boost investment in emerging markets, data shows untapped potential, resilience in emerging markets.
The World Bank Group today published sought-after proprietary statistics that reveal the credit risk profile of private and public sector investments in…
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Access Holdings Plc (“The Group”) has announced its audited Consolidated and Separate Financial Statements for the year ended December 31, 2023. In…
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The African Export-Import Bank (Afreximbank) has announced the successful completion of a first-of-its-kind India-focussed club deal for US$282.00 million. Initiated for the exclusive…
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Chairman and board of directors of Eko Electricity Distribution Company, EKEDC, have disagreed over the sack of the company’s Managing Director/Chief Executive…
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A Nigerian lawyer T.J. Krukrubo, SAN, has withdrawn his legal representation of a fleeing Binance Executive, Nadeem Anjarwalla. The lawyer filed the latter’s…
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Recovering from the previous session’s loss, the Lagos bourse posted gains as the benchmark index rose by 0.32% to close at 104,283.64 points.…
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Cruise operator reports quarterly loss that narrowed more than expected and raises its full-year profit outlook, but stock falls. Shares of Carnival…
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FinanceNews
How prepared are Nigerian banks to fight AI-powered fraudsters as U.S. banks lost $12.5bn
Internet crime cost Americans $12.5 billion in 2023. According to a report published Wednesday by the Treasury Department U.S. banks are struggling…
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The Federal Government has declared Friday, 29th March and Monday, 1st April 2024 as public holidays to mark the 2024 Good Friday…
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National Bureau of Statistics has said that Nigeria’s public debt stock which includes external and domestic debt stood at N97.34 trillion (US$108.23…