CBN deploys FX code as latest tool to prop up naira
By Joseph Olaoluwa The Central Bank of Nigeria has launched the Nigeria Foreign Exchange Code (FX Code), to ensure stability
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NNPC subsidiary, BUA sign deal for mini LNG plant
As part of efforts to enhance domestic gas utilization for businesses and industries, NNPC Gas Marketing Limited and BUA Group
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Aradel posts fourfold jump in profit as oil output rises 41%
Aradel Holdings Plc, a Nigerian integrated energy company, has reported a profit after tax of N247.8 billion last year, up
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Lagos short-let market gains steam with revenue seen hitting N300bn
*Upscale Ikoyi, VI lead revenue growth By Mary Adenike The short-let market in Lagos State, Nigeria’s commercial capital, is gaining
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Unilever Nigeria’s profit surges after exit from home care, skin cleansing business
By Mary Adenike The earnings of Unilever Nigeria Plc, a fast-moving consumer goods firm, rose by 88.6 percent one year
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Abbey Mortgage Bank set to rebrand to commercial lender after 30 years
By Joseph Olaoluwa After three decades of operation as Abbey Mortgage Bank, the financial institution is on course to change
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GO54 founder Opeyemi Awoyemi exits board after sale to South Africa’s HOSTAFRICA
The deal marks Awoyemi’s second successful exit as a founder, having previously founded and exited from Nigerian job board Jobberman.
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Risevest responds to SEC allegations, reassures customers of funds safety
By Joseph Olaoluwa Risevest, a Nigerian fintech that gives customers access to selected global investments, has offered clarification to customers
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GTCO’s market capitalisation tops N2trn for first time ever
Guaranty Trust Holding Company (GTCO), the parent of GTBank, saw its market capitalisation hit the N2 trillion mark on Monday
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Cadbury Nigeria’s annual loss narrows to N10bn as revenue surges
By Mary Adenike Cadbury Nigeria Plc, a fast-moving consumer goods firm, saw its financial performance improve in 2024, its unaudited
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