Posted in NAIJA BIZ

Oil Prices tumble to a 4 month low as U.S-China trade tension heightens

Several oil-rich nations (Nigeria inclusive) may face looming financial crises as Oil price declined to a 4-month low of $61.99 p/b on Friday, May 31,…

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As the NSE commences its GTP recruitment, here’s how to apply successfully

The Nigerian Stock Exchange (NSE) has announced the commencement of the recruitment process for its Graduate Trainee Programme (GTP). The NSE Graduate Trainee Programme is an 11-month…

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Why the court ruled against Ecobank in the N3.5 billion case with Honeywell

A Federal High Court in Lagos has ruled that Honeywell Group Plc‘s payment of N3.5 billion between 2013 and 2014 constitutes the full and final settlement of…

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Oando Plc issues detailed response to SEC’s order

Oando Plc has issued a detailed response to decisions taken by the Securities and Exchange Commission (SEC) following the conclusion of a forensic audit.   The…

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As Uber plans to ban low-rated passengers, here’s how to avoid that

Do you like to command Uber drivers to speed up during trips? Perhaps you are one of those that like to trash-talk the car-hailing service’ drivers and…

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MTNN completes N330 billion SIM infraction fine after 4-years

Telecommunication giant, MTN Nigeria Communications Plc, has paid the last tranche of the N330 billion fine imposed by the Nigerian Communications Commission (NCC). The final payment means that MTN has…

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Oando Plc issues response, challenges SEC’s investigation findings

Oando Plc has reacted to the investigation carried out by the Securities and Exchange Commission (SEC) into its affairs which, among other things, recommended the resignation of the…

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Canada invites 3,350 Express Entry Candidates to apply for PR in May draw

The Canada Government has once again invited 3,350 Express Entry Candidates to apply for Canadian Permanent Residency (PR) in the latest draw held on Wednesday, May 29. This is contained in…

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Two banks collaborate to fund $600 million 5.4MT per day Steel Plant in Kaduna State

African Natural Resources and Mines Limited is collaborating with Stanbic IBTC and Standard Chartered Bank to build a steel plant, capable of producing 5.4 metric tons…

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Why SEC ordered Oando’s Wale Tinubu to resign

The Securities and Exchange Commission (SEC), has ordered Oando Plc‘s Group Chief Executive Officer (CEO), Wale Tinubu to resign from his position over serious infractions including false disclosures, market…

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MTN Nigeria releases FY 2018 results, as investors are advised to hold off stock buying

MTN Nigeria Communications Plc has released its consolidated and separate financial statements for the year ended 31 December 2018. The company’s revenue grew by 17% when…

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New FAAN MD solicits for airline operators’ cooperation

The new Managing Director of the Federal Airports Authority of Nigeria (FAAN), Capt Rabiu Yadudu, held a meeting on Thursday with the Airline Operators of Nigeria (AON) and…

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Director resigns seven months after OMA Investments acquired majority stake in Ikeja Hotel

Ikeja Hotel Plc has announced the resignation of one of its Non-Executive Directors. This comes seven months after OMA Investments Limited acquired a majority stake in the hospitality…

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SIM Registration Fine: MTN to make final N55 billion payment today

The Federal Government is looking forward to receiving the sum of N55 billion from MTN Nigeria Plc today, being the final tranche of the SIM registration fine…

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Bank CEOs declare war on debtors over N8.16 trillion bad loans

It will no longer be business as usual for chronic debtors as the Committee of Banks’ Chief Executive Officers (CEOs) disclosed plans to go tougher…

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Boeing CEO admits error in 737-Max 8 software as regulators approve return date

The Chief Executive Officer of Boeing, Dennis Muilenburg, has admitted there was vital information that was not communicated to all Boeing clients, pilots and regulators. This…

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Access Bank Facilitates Capacity Training Programmes to Support SMEs

Access Bank Plc through its business club initiative is building the managerial capacity of entrepreneurs to the level they can easily succeed in their respective businesses…

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Court orders immediate reinstatement of SEC’s DG, Gwarzo

The National Industrial Court, Abuja, on Thursday ordered the immediate reinstatement of Mounir Gwarzo, the suspended Director-General of the Securities and Exchange Commission (SEC). The judgment was delivered…

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Access Bank Facilitates Capacity Training Programmes to Support SMEs

Access Bank Plc through its business club initiative is building the managerial capacity of entrepreneurs to the level they can easily succeed in their respective businesses…

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Posted in NAIJA BIZ

Next Level: Will Buhari go from “Baba Go Slow” to “Baba Gbese”?

Nigeria’s President Muhammadu Buhari was sworn in for a second term of four years on May 29th, 2019. As Nigerians brace up for what is…

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