BUSINESS
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BUA secures IFC’s $500m funding to boost business, create jobs
Nigeria’s second-leading cement company, BUA Cement Plc, says it has secured a $500 million facility from the International Finance Corporation…
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Royal Exchange Insurance posts N14.20bn gross premium in 2022
Royal Exchange General Insurance Company (REGIC) said on Tuesday that it posted a Gross Written Premium (GWP) of N14.20 billion…
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OPEC members cut oil production volumes for market stability
Members of the Organisation of Petroleum Exporting Countries (OPEC) as well as the Non-OPEC members have agreed to cut production…
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AfDB firmly committed to support women-led enterprises in Africa
The African Development Bank (AfDB) Group has reaffirmed its unwavering commitment to supporting women-led enterprises on the African continent. The…
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SMEs deserve palliatives too, says Abuja Chamber of Commerce
The Abuja Chamber of Commerce and Industry (ACCI) says the removal of fuel subsidy will pose negative effects on Small…
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United Nigeria Airlines set to increase fleet, expand operations
United Nigeria Airlines Limited has announced plans its growth plans with a strategic increase of its fleet and expansion of…
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REA to provide 24,500 MSMEs with energy-efficient appliances
The Rural Electrification Agency (REA) says it aims to provide 24,500 Micro, Small and Medium Enterprises (MSME) with energy-efficient electricity…
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Unity Bank posts profit of N1.04bn, 21% growth in Q1 ’23
Unity Bank Plc has recorded sustained improved and impressive performance in its first quarter performance of 2023. In its unaudited…
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First Bank posts 44.2% growth, ₦245.7b gross earnings in Q1 ’23
First Bank of Nigeria Ltd. has delighted shareholders with its recent results which recorded quantum leaps and significant growth across…
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AfDB approves $20m equity investment in Africa50 fund
The Board of Directors of the African Development Bank (AfDB) Group, has approved an equity investment of US$ 20 million…
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