BUSINESS
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CBN Approves Short Term Loan for Skye Bank
The Central Bank of Nigeria, CBN, has affirmed its confidence Skye Bank Plc by providing a loan to boost its liquidity after…
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Zenith Named Most Customer-Focused Bank
Zenith Bank Plc has been rated Nigeria’s most customer-focused bank by a leading Advisory and Consultancy firm, KPMG. In the…
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Telecoms Sector Emerges Biggest Advertising Spender in 2015
Telecommunications sector retained its lead position as the highest advertiser in Nigeria in 2015 with a combined total expenditure of…
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Union Bank Begins SMS Banking
After recently winning two awards in it’s new rebranding, Union Bank Plc has taken steps further into e-banking by following…
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Liquidity Ratio For Commercial Banks Pegged at 30%
The Central Bank of Nigeria, CBN, has said commercial banks will have to maintain minimumliquidity ratio of 30 per cent…
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eTranzact Posts N471million Profit, Declares 10kobo Dividend
Africa’s e-payments solution provider, eTranzact, has declared a profit of N471million for its financial year ended December 31, 2015. The company, which…
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Nigerian Insurance brands and the hurdles they face
Low penetration, poor publicity, slow growth, poor perception from masses, low income, ignorance, meagre managerial stratagem and poor government support…
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BREAKING News: CBN takes over Skye bank
The Apex Bank of Nigeria, CBN, has taken over one of the nation’s commercial banks, Skye Bank pending when a…
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How MTN cut billions off its Nigerian telecoms fine
Telecoms firm MTN hired former U.S. Attorney General Eric Holder in January to help it reduce a $3.9 billion fine…
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A 2.6GHz boost to MTN’s LTE strategy
The Nigerian Communications Commission (NCC) has declared MTN as winner of its latest auction for a ten-year frequency spectrum licence…
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