Category: Business
Fidelity Bank takes over Benin, Kano, Kaduna DisCos over multi-billion naira debt
July 6,2022 Top Nigerian lender, Fidelity Bank Plc, has taken over control of Benin, Kano and Kaduna electricity distribution companies over their inability to repay multi-billion naira loans obtained to pay for
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FCMB promotes tourism, culture
July 6, 2022 First City Monument Bank has expressed its commitment to tourism promotion in the country. A statement quoted the FCMB as congratulating and commending the Awujale and Paramount
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Eva Wine Nigeria Launches ‘Search For Miss Eva’
Nigeria’s No. 1 premium non-alcoholic wine drink, Eva Wine has announced the launch of the “Search for Miss Eva” contest, a 5-week Online competition to choose a new brand ambassador
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Unity Bank Announces Agric Fashion Entrepreneurs, Others As Winners Of N10m Corpreneurship Challenge Grant
Nigerian lender, Unity Bank Plc has doled out a N10 million business grant to 30 corps members who emerged the winners of the eighth edition of its flagship Entrepreneurship Development Initiative,
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Red Star grows profit by 87% and demonstrates resilience
Red Star Express Plc has declared a Group Profit Before Tax of N413.9 million for the year ended 31 March, 2022, an impressive increase of about 87%, from the sum
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18 Months After Failed Flight, Car Dealer’s N416,000 Still With Travelstart Airlines
July 5,2022 A Lagos-based car dealer has narrated how Travelstart, a travel agency, withheld his N416,000 ticket feet for a year and six months. The car dealer, who asked to
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Despite assurances, petrol queues worsen in Lagos, Abuja
July 5,2022 Worse days ahead, stakeholders fear• PPMC agreed to supply products to us directly, say, marketers • NARTO warns members against smuggling • NMDPRA, IPMAN move to steady PMS price at
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Nigeria’s external reserves shed $1.37b in H1, amid spike in June
July 5,2022 There was a breather for Nigeria’s external reserves after all as the figures gained $671.6 million or 1.74 per cent to close in June at $39.15 billion Notwithstanding,
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Bank assets rise by 21% to N64.32tn – CBN
July 4,2022 Nigerian banks’ total assets rose by N11.15tn in one year to N64.32tn as of the end of April. Figures obtained from the Central Bank of Nigeria revealed that
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