BUSINESS
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Tariff hike: Tribunal approves substituted service of interim order on MultiChoice
A Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja has granted an application for substituted service of the interim…
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Panic as CBN bans Fintech Firms OPay, Palmpay, Kuda Bank, Moniepoint from Onboarding New Customers
The Central Bank of Nigeria (CBN) has ordered four fintech companies to suspend the onboarding of new customers until further…
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NCDMB receives N450m interim dividend from Waltersmith modular refinery
The Nigerian Content Development and Monitoring Board (NCDMB) on Monday announced that it received an interim dividend of N450 million…
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NGX Weekly report: Investors on Nigerian bourse lose N784bn
Over the week, investors on the Nigerian Exchange Ltd. (NGX) equities market lost a total of N784 billion, week-on-week. Specifically,…
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Nigerian Breweries gross profit up 87% in Q1 2024 result
Nigerian Breweries Plc has recorded N81.88 billion gross profit in the first quarter ending March 31. This represented 87 per…
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FBN Holdings share price gain N1.85, as investors renew interest
The share price of FBN Holdings Plc, parent company of the First Bank of Nigeria Ltd, which opened on the…
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BDC operators warn against Naira speculation, vow unified market
The Association of Bureau De Change Operators of Nigeria (ABCON) has warned economic saboteurs speculating and hoarding the Naira to…
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Investors lose N9bn on profit-taking in stock market
The equities market declined on Friday, with profit-taking in stocks such as Zenith Bank, Guaranty Trust Holding Company (GTCO), Wema Bank, Nigerian…
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SMEDAN unveils “SMEDAN Speed Pitch” to provide SME funding
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has introduced a business pitch competition known as “SMEDAN Speed…
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Paga transaction value hits N14trn, 335 million transactions
Tayo Oviosu, founder and Chief Executive Officer of Paga, a mobile payment company, on Thursday in Lagos said the firm…
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