South Africa overtakes Nigeria in dollar billionaires’ wealth
By Mary Adenike South Africa saw the wealth of its dollar billionaires surpass that of their Nigerian counterparts last year,
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Money
Trump targets ‘massive amounts of foreign money’ to enrich Americans
President Donald Trump is expecting “massive amounts of money” in tariffs and taxes from foreign sources to pour into the
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Nigerians’ appetite for foreign education tempered by pricier dollar
By Mary Adenike Nigerians’ appetite for foreign education has been dampened as the high cost of sourcing dollars pushed up
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Nigeria’s FirstBank in talks to acquire Angola’s fourth-biggest bank Banco Millennium Atlântico
First Bank of Nigeria, the country’s oldest lender, is in talks to acquire Banco Millennium Atlântico (BMA), the fourth largest
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FBNH addresses concern over EGM row, gives update on rights issue
FBN Holdings Plc (FBNH), the parent of First Bank of Nigeria, has said the dispute over an extraordinary general meeting
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Nigerian central bank faces N30bn legal battle with sacked employees
The Central Bank of Nigeria has been dragged to the National Industrial Court of Nigeria in Abuja by some of
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GTCO is latest bank to complete first phase of capital raise
Guaranty Trust Holding Company Plc (GTCO), the parent company of GTBank, is the latest Nigerian lender to complete its first
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Naira posts slight gain as dollar liquidity rises 3.93%
The naira registered a slight gain against the dollar this week as liquidity in the official foreign exchange market rose
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National Credit Guarantee Company to start operations in Q2, says Tinubu
President Bola Tinubu said on Wednesday that the federal government will establish the National Credit Guarantee Company to expand risk-sharing
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FCMB needs N260bn more after first phase of capital raise
First City Monument Bank now needs an additional N260 billion to retain its international banking licence after its recent public
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