Naira gains as weekly dollar liquidity surges 216% on FX code
The naira rose 2.08 percent against the dollar this week as the greenback’s liquidity in the official foreign exchange market
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Author: Markets Reporters
Access Bank brings ex-NSIA boss Uche Orji on board
Access Holdings Plc has announced the appointment of Uche Orji as an independent non-executive director of its flagship subsidiary, Access
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Oando poised for ‘aggressive drilling programme’, says CEO Wale Tinubu
Oando, a major indigenous energy operator in Nigeria, says it will execute “aggressive drilling programme” to boost its oil and
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Nigerian bourse delists two firms as ‘securities no longer suitable’
The Nigerian Exchange Limited (NGX) announced on Friday that the securities of Tourist Company of Nigeria Plc and Union Homes
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Airtel Africa’s nine-month profit soars to $248m in recovery from losses
By Joseph Olaoluwa In a major comeback from heavy losses triggered by naira devaluations, Airtel Africa reported a profit after
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Cedar Money secures $9.9m to boost cross-border payments with stablecoins
By Joseph Olaoluwa Cedar Money, a fintech startup utilising stablecoins for cross-border payments, has announced a $9.9 million seed funding
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Sterling Holdings posts 74% jump in annual profit
By Mary Adenike Sterling Financial Holdings Company Plc, the parent company of Sterling Bank, posted an after-tax profit of N37.5
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Stanbic IBTC’s earnings hit N202bn as interest income doubles
By Mary Adenike Stanbic IBTC Holdings, the parent company of Stanbic IBTC Bank, saw its after-tax profit rise by 43.7
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Meet Ainojie ‘Alex’ Irune, MD of Oando’s new subsidiary bought for $783m
In August last year, Oando Plc, a Nigerian energy company listed on both the Nigerian Exchange Limited and Johannesburg Stock
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Oando’s pretax profit falls 54% despite revenue rise
Oando Plc, an indigenous energy company, reported a profit before tax of N47.78 billion last year, down from N102.98 billion
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