Transcorp appoints new directors, CEOs for subsidiaries
The Board of Transnational Corporation of Nigeria Plc has announced the appointments of Mr Victor Famuyibo and Mallam Ahmadu Sambo
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Nigeria’s forex ban on sugar, wheat may drive up inflation: Capital Economics
The Central Bank of Nigeria’s ban on the use of foreign exchange for the importation of sugar and wheat could
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Africa’s energy transition offers $100bn investment opportunity yearly – AfDB head
The President of African Development Bank, Dr Akinwumi Adesina, has said with abundant solar, wind, hydro and geothermal energy resources,
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Start caring about apathy
By Harvey Mackay A newspaper reporter secured an exclusive interview with the devil and was especially interested in the deceptive
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Airtel Africa secures $500m loan to refinance bond
Airtel Africa, a provider of telecommunications and mobile money services, has announced the successful signing of a new $500m loan
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GTBank’s quarterly profit falls to N45.55bn
Guaranty Trust Bank Plc has reported a profit of N45.55 billion for the period ended Mar. 31, 2021, compared to
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Nigeria’s forex reserves resume decline after $830m gain
Nigeria’s foreign exchange reserves have started declining after gaining $830 million in nearly a month. The forex reserves had risen
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CBN warns banks, others against rejecting lower dollar denominations, old bills
The Central Bank of Nigeria has warned deposit money banks and other authorised foreign exchange dealers in the country to
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Forex scarcity: Naira tumbles to 486 against dollar
The Nigerian currency fell against the dollar on Tuesday at both the parallel market as well as the investors and
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Unity Bank’s annual profit drops by 38.17%
Unity Bank Plc has reported a profit after tax of N2.09 billion for the financial year 2020, compared to N3.38
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