BUSINESS
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NDIC begins verification for creditors of defunct Gracefield MFB
The Nigeria Deposit Insurance Corporation (NDIC) has urged creditors of Gracefield Microfinance Bank (MFB) in-liquidation to come for verification for…
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Bakers lament high cost of baking materials will cripple business
The Association of Master Bakers and Caterers of Nigeria (AMBCN), FCT Chapter has expressed concern over the increase in prices…
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U.S to partner Nigeria on training agencies to securing mining sites
The United States (U S.) has expressed commitment to partnering with Nigeria in training its security agencies to secure its…
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Naira devaluation: Bank customers decry increasing pains, hardship
Bank customers resident in the Federal Capital Territory (FCT) have decried the continuous fall of the naira to the dollar.…
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NGX equity market rebounds by 1.63%, investors gain N902bn
The equity market on Thursday rebounded by 1.63 per cent from its two-day losses due to improved investors’ buy interest…
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Why CBN ordered banks to sell off their dollar reserves immediately
The Central Bank of Nigeria (CBN) on Wednesday ordered Deposit Money Banks to offload their excess dollar reserves by February…
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NGX: Investors net worth decline by N1.07trn
The bears dominated the domestic market on Nigerian Exchange Ltd. (NGX) on Wednesday as market capitalisation dropped by N1.07 trillion.…
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Clear cases on $1.3bn oil block, Tinubu orders attorney-general, others
President Bola Tinubu has ordered the Attorney-General of the Federation, Lateef Fagbemi to clear court cases on 1.3 billion dollars…
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FBN Holdings appoints Femi Otedola board Chairman
FBN Holdings Plc on Wednesday appointed Mr Olufemi Otedola as its new Chairman, Board of Directors. The Holdings announced this…
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Firm unveils affordable, low cost housing plan for young Nigerians
A firm, Kairos Hof Consultants Ltd., has unveiled plans to provide affordable and low cost houses for young Nigerians, saying…
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