Thursday, April 25, 2024
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Shareholders of Access and Diamond bank assent to merger

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Shareholders of Access Bank Plc and Diamond Bank Plc on Tuesday unanimously approved the merger of both financial institutions. The shareholders gave the approval at an...
Petrol imports surge by 15.2% in Q2 - NBS

N2.96tn spent last year on fuel imports by FG- NBS

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The Federal Government spent N2.95tn last year on the importation of Premium Motor Spirit, also known as petrol. The amount increased by nearly 50...

Emefiele dismisses claim of terminal leave from bank

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The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Tuesday dismissed claims circulating in some medium that he had been asked...

UBA group commences full banking operations in UK

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The new UBA franchise, UBA UK, has been formally inaugurated in the United Kingdom at a high-level gathering of business and public sector leaders...

Revenue totaling N126.62tn generated in three years- FIRS

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The Federal Inland Revenue Service said it generated N12.62 trillion in revenue in the last three years. FIRS said this in a document on its...
Petrol imports surge by 15.2% in Q2 - NBS

Nigeria's economy recorded N32.2tn trade in 2018- NBS

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Figures obtained from the National Bureau of Statistics have revealed that the Nigerian economy recorded a total of N32.2tn trade in the 2018 fiscal...

ABX partners with SAHCO to lower export cost of Nigeria's agro

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ABX World in partnership with Skyway Aviation Handling Company Plc has disclosed plans to create a logistics initiative to bring down the cost of...

ELECTIONS: Nigeria stocks market records more loss as N365bn is lost in three days

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Investors in the nation’s stock market lost a total of N365bn in the last three days of trading in February. The equities market opened the...
10 power plants idle due to gas shortage

Power generation loses 1,108MW plunges to 3,456MW

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Electricity generation in the country plunged to 3,456 megawatts on Tuesday, losing 1,108MW in seven days, according to latest data. Total power generation dropped from...

ELECTIONS: Nigeria's stock market loses N170bn in two days

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The nation’s stock market recorded continues losses totalling N170bn in two days, following the announcement of the results of the presidential election. Investors lost N84.4bn...