BUSINESS
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AfDB earmarks $25bn to fund Agriculture in Africa
The African Development Bank (AfDB), says it is currently investing 25 billion dollars to help make agriculture and agribusiness Africa’s…
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NSE Lifts Suspension on Royal Exchange
The Nigerian Stock Exchange (NSE) has lifted the ban placed on the shares of Royal Exchange Plc. This, according to the Exchange,…
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Arise BV Becomes Shareholder in Ecobank with 14.1% stake
Following the transferring of International Finance Corporation (IFC) and the funds managed by the IFC Asset Management Company (AMC) in…
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CBN Directive On Loan Defaulters, Way of Building Credit Mgt Systems for Nigeria–Agbaje
The CEO of Guaranty Trust Bank, Mr. Segun Agbaje has described the recent CBN's directive on loan defaulters in Nigeria…
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Zenith Bank Offers ZECA Education Loan for Children
Nigeria’s leading financial institution, Zenith Bank Plc, has introduced the Zenith Children’s Account (ZECA) Education Loan to assist parents to pay…
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CBN Moves to Restrict Importation of Milk
A new policy statement from the Central Bank of Nigeria (CBN) yesterday banned commercial banks and other authorized dealers from…
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G7 Partners AfDB to Empower African Female Entrepreneurs with $251 million
Countries in the G7 have committed $251 million to help improve access to finance for female entrepreneurs in Africa. The…
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Recapitalisation: Insurance Companies meet NAICOM Blueprint Deadline
The National Insurance Commission’s (NAICOM) deadline for submission of recapitalisation plan has been met by several Insurance companies. NAICOM had directed…
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Dangote Powers Cement Plant in Tanzania with Gas Turbines
The management of Dangote Cement has made known that its cement plant in East African country, Tanzania now runs on gas turbines,…
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NERC Explains Why It’s Introducing New Electricity Tariffs
In less than a week that the Nigerian Electricity Regulatory Commission(NERC) announced the upward review of electricity tariffs that would be…
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