Nigeria’s crude oil revenue jumps to N11tn
October 4,2022 Nigeria’s crude oil revenue jumped to N11tn in the first six months of 2022, according to the latest data from the National Bureau of Statistics’ Foreign Trade Statistics
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New private investors to buy N11.17bn worth of Fidelity Bank stake
October 3,2022 Fidelity Bank has concluded plans to sell a significant stake in the company to private investors, as the Nneka Onyeali-Ikpe-led company is in need of capital to fund
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Unity Bank, Lagos Food Bank partner to donate food items to Lagos community
September 29,2022 Agric lender, Unity Bank Plc and Lagos Food Bank have donated food items worth millions of Naira to Ogundimu Ilaje, a riverine community in the suburb of Lagos. The donation
Read MoreFG to prosecute Zinox boss, Ekeh, wife over alleged N170.3m fraud
September 29,2022 Nigeria’s federal government has charged Leo Stan Ekeh, chairman of Zinox Group, his wife, Chioma and 11 other suspects to court over alleged N170.3 million contract fraud. On
Read MoreFraudsters target GTBank accounts, as customers lose millions
September 28,2022 Guaranty Trust Bank (GTBank) seems to have become the go-to financial institution for fraudsters, as they target account holders in the bank led by Miriam Olusanya, the managing
Read MoreJUST IN: CBN raises interest rate to 15.5% amid rising inflation
September 28,2022 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday, has raised the monetary policy rate (MPR), or interest rate, from 14 percent to
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Naira gains at official, black-market
Nigerian currency opened the new week with a gain in both the black and official markets after recent struggles. Data from FMDQ securities where Naira is officially traded showed that
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Stanbic IBTC Advocates Collaboration & Innovative Financing Solutions In Order To Boost Healthcare in Nigeria
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has advocated effective collaboration among stakeholders and launching of innovative financing solutions as means of boosting the healthcare industry in Nigeria.
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World Bank: Nigeria’s economic outlook uncertain, welfare worsening
September 26,2022 The World Bank has disclosed that Nigeria’s economic outlook is uncertain and its ability to attract domestic and foreign investments is also crashing. According to the world Bank, the condition
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NNPC denies operating hidden bank account
September 26,2022 The Nigerian National Petroleum Company Ltd (NNPC) on Saturday debunked reports which claimed that it was operating a secret account. There had been reports alleging that a House
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