BUSINESS
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Cardoso says strengthening national capacities for debt management crucial for govt’s funding needs
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says strengthening national capacities for debt management is…
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Afreximbank, APPO sign Establishment Agreement, Charter of Africa Energy Bank
The African Export-Import Bank (Afreximbank) and Africa Petroleum Producers’ Organisation (APPO) have signed the Establishment Agreement and the Charter of…
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NDIC begins liquidation of Heritage Bank
The Nigeria Deposit Insurance Corporation (NDIC) says it has started the liquidation of Heritage Bank with immediate verification and payment…
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FirstBank emerges Best SME Bank at Asian Banker Awards
FirstBank has won two awards by emerging Best SME Bank in both Nigeria and Africa at the Asian Banker Global…
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CBN revokes licence of Heritage Bank over financial stability, safety concerns
The Central Bank of Nigeria (CBN), has announced revocation of the licence of Heritage Bank Plc with immediate effect. This…
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Electricity: “Pay your debts”, GenCos urge govt, stakeholders
The Power Generation Companies (GenCos), have appealed to the Federal Government and key stakeholders to settle electricity debts owed them…
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IATA hails Nigeria for clearing 98% of airlines’ trapped funds
The International Air Transport Association (IATA) has hailed the Nigerian government for clearing 98 per cent of airlines trapped funds…
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LPG utilisation: Gas retailers urge FG to encourage investors
The Liquefied Petroleum Gas Retailers (LPGAR), says to boost Liquefied Petroleum Gas utilisation, government needs to encourage investors by giving…
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Freight Forwarders create customs cargo facilitation group
The National Association of Government Approved Freight Forwarders (NAGAFF) says it has created a technical cargo and customs facilitation group…
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Tinubu says Oando’s turnover grew to N3.4trn in 2023
Oando Plc, an energy solution provider, has posted a turnover of N3.4 trillion in its 2023 full year-end unaudited financials.…
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