BUSINESS
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BoI grows profit to N153bn, generates 2.2m jobs
The Bank of Industry (BOI) said its profit before tax increased from N70.7 billion to N153.81 billion, the highest in…
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UBA 75th Anniversary: GMD praises Tony Elumelu
Mr Oliver Alawuba, Group Managing Director, UBA, on Monday commended the role played by the bank’s Group Chairman, Mr Tony…
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Recapilisation: UBA expects shareholders approval on resolutions
Mr Ogochukwu Nwaghodo, Executive Director, Finance and Risk Management, United Bank for Africa (UBA), says the bank plans to get…
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Seplat Energy awards 4.94m vested shares to MD
Seplat Energy Plc has awarded vested shares of 4,943,445 in volume to its Managing Director, Roger Brown, between 2014 and…
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Petrol, Diesel prices increased in April – NBS
The National Bureau of Statistics (NBS) says petrol, diesel prices increased in April 2024. According to the NBS the average…
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Equity market sustains bullish trend amidst CBN-MPC rate hike
The equity market rose 0.11 percent on Tuesday, amidst the Central Bank of Nigeria’s Monetary Policy Committee raising the policy…
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High monetary policy rate”ll continue to hurt investments – NECA
The Nigeria Employers’ Consultative Association (NECA) has said the apex bank’s successive increase in the Monetary Policy Rate (MPR) will…
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Interest rate hike bad for real sector investment – CPPE boss
The Centre for the Promotion of Private Enterprise (CPPE) has expressed concerns about the rate hike by the Monetary Policy…
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CBN raises interest rate by 150 basis points to 26.25%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has raised the country’s baseline interest rate…
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EU approves landmark Artificial Intelligence (AI) Act
European Union (EU) ministers have unanimously approved the Artificial Intelligence (AI) Act, a law that regulates the use of transformative…
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