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Heritage Bank’s Ifie Sekibo addresses PSBs’ threat to lender banks

Managing Director and Chief Executive of Heritage Bank Limited, Ifie Sekibo has asserted that Payments Service Banks (PSBs) will pose no threats, neither will they be…

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Coronation Merchant Bank, JP Morgan, Barclays, Citi Bank, Morgan Stanley ranked amongst World’s best investment banks

Global Finance magazine has named its 20th annual World’s Best Investment Banks in an exclusive survey to be published in the April 2019 issue. Winning…

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How global events are impacting crude prices in 2019

Global oil prices have risen for the first time in 2019, thanks to a wide array of global events. These include the supply cut by…

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CcHUB launches Africa’s first ‘Design Lab’ in Kigali

Co-creation Hub [CcHUB] will today officially launch the ‘CcHUB Design Lab’. The design lab is an unprecedented next step in Africa’s growing tech sector, and is…

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Transcorp sets record performance with Profit After Tax of N20.6 billion

Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s leading diversified listed conglomerate, has announced its audited results for the year ended 31st December 2018, with a 94% growth…

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Coca-Cola full-year profit falls below Wall Street forecast

Strong dollar, among other things, has been blamed for Coca-Cola’s failure to meet Wall Street expectations for the carbonated soft drink company’s full-year profit, with revenue…

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Excitement aside, not all stakeholders are keen about MTN’s NSE listing

After a series of unfortunate events, last year, which cast doubt over MTN Nigeria’s planned listing on the Nigerian Stock Exchange, the company recently confirmed…

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Telecoms operators fined N74 million for violating regulations

Four major telecommunications companies in Nigeria have been fined for various actions that contravene the rules and regulations of the Nigerian Communications Commission. The regulatory body…

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Shell invites bid for new Bonga oilfield

A day after the Nigeria National Petroleum Corporation (NNPC) executed the process of the Heads of Terms (HoT), Shell Nigeria Exploration and Production Company (SNEPCo) is…

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Huawei partners DBI to develop Nigeria’s ICT

Nigeria has received a donation of $1 million for the improvement of information and communication technology in Nigeria, the promotion of innovative ideas, and research…

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Nigeria among top 5 best-performing Eurobonds in 2019

So far in 2019, African countries have mostly emerged as the best performing Eurobond market in the world. Nigeria is one of them. According to…

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Organised Private Sector tables requests at PEBEC forum

Stakeholders from the Private sector that gathered recently at the Four Points by Sheraton hotel in Victoria Island on Thursday, February 7th, 2019, for an engagement forum…

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Despite anti-corruption war, EU blacklists Nigeria for money laundering

Nigeria under the incumbent administration of President Muhammadu Buhari, should be seen as a country that money laundering is curbed. This is because of Buhari’s…

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How reforms by the Nigeria Customs are aiding e-commerce

At the just concluded Ease of Doing Business Forum in Lagos, which was attended by the Senior Special Assistant to the President on Industry, Trade, and Investment,…

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Nigeria to handover TAM of refineries to Indian companies

The revitalisation of Nigeria’s ailing refineries will be handled by Indian companies, the Nigerian National Petroleum Corporation (NNPC) made this known during a courtesy visit…

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International Breweries Plc appoints new Director

International Breweries Plc has appointed Richard Rivett-Carnac as a Non-ExecutiveDirector. Rivett-Carnac replaces Phillip Redman who recently resigned his appointment as a Non-Executive Director of the company. Rivett-Carnac’s…

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FG to deploy new debt management strategy

Debt Management Office (DMO) has released a Federal Government’s new National Debt Management Framework (NDMF) 2018-2022. The framework is a debt management strategy that will be…

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Diamond Bank customers can now use AccessAfrica

Diamond Bank’s impending merger with Access Bank means the bank’s customers in addition to retaining their use of Diamond Bank’s products such as Diamond Xtra, and Diamond Yello Account can…

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How regulators’ intervention averted 9mobile’s possible collapse -NCC

Prof. Umar Garba Danbatta, Executive Vice Chairman of the Nigerian Communications Commission (NCC), has made known that regulatory intervention from NCC and the Central Bank of Nigeria…

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Nigeria’s GDP grows by 2.38% in 2018 4th quarters

Nigeria’s Gross Domestic Product, GDP, grew by 2.38 percent in the fourth quarters of 2018, the National Bureau of Statistics, NBS, reports. According to the…

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