Business
UBA Records Sterling Growth As Profit Hits N44.5 Billion
The United Bank for Africa (UBA) Plc. has recorded an impressive growth across its income lines as contained in its...
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GTCO Plc Records Profit of ₦54.3bn Before Tax for First Quarter, 2022
Guaranty Trust Holdin Company Plc (“GTCO Plc” or “the Group”) has released its Unaudited Consolidated and Separate Financial Statements for...
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Dollar Supply Falls Sharply at I&E Window as Nigeria’s External Reserve Depreciates Again
The exchange rate between the naira and the US dollar closed at N418.5/$1 at the Investors and Exporters (I&E) window,...
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Indonesia-Nigeria Bilateral Trade Volume Hits $2.46 billion in 2021
The bilateral trade volume between Indonesia and Nigeria rose to $2.46 billion in 2021, Ambassador of Indonesia to Nigeria, Amb....
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Nigeria Signs $300 Million FDI Deal With UK
Nigeria is expected to receive about $300 million Foreign Direct Investments (FDI) inflow from the United Kingdom. When concluded, the...
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Nigeria, Twitter Agreement Suffers Setback As Musk Buys Microblogging Platform
There are indications that Twitter’s agreement with the Nigerian government will be reviewed in the months as Elon Musk sealed...
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MTN Nigeria Raises N127bn Commercial Paper Instruments
MTN Nigeria Communications Plc has raised N127 billion through the commercial paper programme to boost its working capital. The company...
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Equities Market Gains N45bn To Extend Winning Streak
Nigerian equities, opening the week, yesterday extended gains from previous week as the benchmark index closed 0.17 per cent stronger....
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Food Prices Rise By 40% — NBS
The average prices of food items in Nigeria recorded significant increases within a one-year period spanning between February 2021 and...
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Why We Do Not Want To Float The Exchange Rate – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has explained why the apex bank cannot freely float...
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