BUSINESS
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Transcorp Power posts N453bn pre-tax profit, declares N3.13 dividend
Transcorp Power Plc (Transcorp Power) has reported N453 billion profit before tax for the year ended Dec. 31, 2023. Mr…
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Transactions on NGX decline by 13.81%
The value of transactions on the stock market of the Nigerian Exchange Ltd.(NGX) went down by 13.81 per cent on…
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Railway Corporation passenger revenue dropped to N1.07b in Q4 2023 – NBS
The Nigerian Railway Corporation generated N1.07 billion as revenue from passengers in Q4 of 2023, the National Bureau of Statistics…
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ACAMB commends CBN over recapitalisation requirements
The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB), has commended the Central Bank of Nigeria (CBN) for…
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CBN’s aggressive monetary policy tightening will boost foreign investment, strengthen Naira – expert
A renowned Economist, Prof. Ken Ife, says aggressive monetary policy tightening adopted by the Central Bank of Nigeria (CBN) will…
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Ensure smooth recapitalisation process for banks, CPPE urges CBN
The Centre for the Promotion of Private Enterprise (CPPE) has advised the Central Bank of Nigeria (CBN) to minimise shocks…
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Erisco/Chioma Egodi Saga: MAN advocates fair deal for manufacturers, consumers
The Manufacturers Association of Nigeria (MAN) has called for a fair regulatory environment to protect consumers and manufacturers’ interests. Its…
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Naira appreciation: some sectors may witness drop in prices – economist
A Development Economist, Prof. Ken Ife, says some sectors may soon likely witness a drop in prices as the Naira…
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Increased capital requirements for banks will boost risk management – CCPE boss
Dr Muda Yusuf, founder of the Centre for the Promotion of Private Enterprise (CPPE), says the upward adjustment of capital…
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Access Holdings unveils $1.5bn capital raising programme
Access Holdings Plc has unveiled plans to establish a capital raising programme of up to $1.5 billion or its equivalent.…
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