BUSINESS
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Ecobank sponsors Fintech Challenge with US$50,000 prize money
Pan-African banking group, Ecobank Group, has launched the fifth edition of the Ecobank Fintech Challenge and encourages African Fintech entrepreneurs…
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FBN Holdings grows profit to N91.2bn in Q3
FBN Holdings (FBNH) Plc has declared a profit after tax (PAT) of N91.2 billion for the third quarter ended Sept.…
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SMEDAN proposes establishment of D-8 centre on SMEs
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has proposed the establishment of D-8 centre on Small and…
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Heirs insurance firms record N14.8bn premium in Q3
Heirs Insurance Ltd. (HIL) and Heirs Life Assurance (HLA) have generated a total of N14.8 billion Gross Written Premium (GWP)…
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FIRS begins on-the-spot online tax collection from online betting
The Federal Inland Revenue Service (FIRS) says it has started deducting taxes at transaction points of online betting. Mr Johannes…
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Banks in EU must offer instant payments in new commission rules
European Commission on Wednesday in Brussels, in the regulation update, proposed that banking customers in the European Union should be…
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Japa syndrome: Group urges govt to save Nigeria’s human capital
BudgiT Foundation Nigeria, a Non-Governmental Organisation (NGO) has urged the Federal Government to as a matter of urgency check the…
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First Bank will continue to finance infrastructure projects in energy sector – Official
Mrs Oluwatoyin Aina, Head, Energy, Downstream and International Oil Trading, First Bank of Nigeria (PLC), says the bank has financed…
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Group calls for suspension of redesigning of naira notes
A group, Concerned Northern Forum, has called for the suspension of redesigning of the N200, N500 and N1000 notes, saying…
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Decision to redesign naira positive for economy – Experts
Some financial experts have commended the Central Bank of Nigeria (CBN) for its decision to redesign the naira, saying that…
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