BUSINESS
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CBN Issues Licence To Two New Banks
The Central Bank of Nigeria has licenced two new deposit money banks with regional authorization. The two banks located in Victoria…
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eTranzact Nets in N5.9trillion Revenue in One Year
E-payment solutions provider, eTranzact International Plc has announced a revenue of $30 billion, about N5.9 trillion for the financial year of 2015.…
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FBN Capital Wins Finance Achievement Awards
FBN Capital Limited has emerged winner of the “Best Refinancing in Africa” at the EMEA Finance Achievement Awards; the prestigious…
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Naira appreciates against Dollar, trades at N352/$1
The naira appreciated against the dollar on Friday, trading at N352 from N370 it sold at the parallel market on Wednesday.…
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MTN Agrees to Pay $1.7 billion Fine to Nigeria Over the Next 3 Years
South African telecoms giant MTN said on Friday it will pay a $1.7 billion (about N330 billion) fine to the…
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FAKE TOMATO PASTEE: ‘NAFDAC COLLUDES WITH IMPORTERS’
It was a stormy session on Thursday June 9, 2016 at the Public Hearing of the joint House of Representatives Committees…
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NNPC lost N19.43bn in April – Report
The Nigerian National Petroleum Corporation said it lost N19.43bn in the month of April, as the country’s crude oil production…
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Glo Excite Subscribers With Data Overload
Globacom is reconfirming its place in the telecommunication world with its new unparalleled data regime tagged Data Overload. Glo subscribers…
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Folorunsho Alakija Makes List of Forbes100 Powerful Women of 2016
Forbes magazine released its annual list of 100 Most Powerful Women of 2016, which features a Nigerian name among familiar and…
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The 10 Largest Multinational Banks In Sub Saharan Africa
The banking sector in Africa is largely untapped. Only 20 percent of families on the continent have access to…
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