BUSINESS
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Naira: Business Performance Index Drops 44.7 Points in February
The effects of the shortage of approved naira notes across the Nigerian economy had a severe impact on the private…
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2022: Nestle posts 27% growth, declares final dividend of N36.50
Nestlé Nigeria Plc has announced a final dividend of N36.50 per share to its shareholders for the financial year ended…
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Pay N1.2bn debt for February, AEDC begs consumers
The Abuja Electricity Distribution Company (AEDC) has appealed to consumers to settle their over N1.27 billion debt for February if…
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Premium Trust Bank opens operations at RCCG Redemption City
One of Nigeria’s fastest-growing commercial banks, the Premium Trust Bank, has officially commenced banking business operations at Redemption City, Ogun…
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Seplat Energy posts 15.3% profit before tax growth at N86.7bn
Seplat Energy says it has posted N86.7 billion as Profit Before Tax (PBT) in its year ended, Dec. 31 2022,…
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Cross-border securities payments: NGX, PAPSS sign MoU
Nigerian Exchange Ltd. (NGX) and Pan African Payments Settlement System (PAPSS) on Tuesday signed a Memorandum of Understanding (MoU), to…
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GTB denies giving N500m new notes to any Presidential candidate
Guaranty Trust Bank Ltd., said it did not give N500 million new notes to any Presidential candidate in the ongoing…
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ARCON begins enforcement of unapproved advert on digital media
The Advertising Regulatory Council of Nigeria (ARCON) says it will commence the enforcement of sanctions on unapproved adverts on secondary…
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$4m Black Founders Fund for startups in Africa, Europe, by Google
Google has announced applications for the third cohort of its Black Founders Fund (BFF) for startups in Africa and Euroupe.…
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NIMC wins Digital Economy Enabler award
The National Identity Management Commission (NIMC) has won the Digital Economy Enabler of the Year award of the Nigerian NewsDirect.…
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