Afreximbank poised to set up $1bn fund for African film industry
The African Export-Import Bank (Afreximbank) is working on the establishment of a $1-billion African Film Fund to be launched in
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Naira hits fresh record low against dollar
The Nigerian currency extended its decline on Thursday on the official market, closing a new record low of N996.75 to
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Pat Utomi raises concern over spate of Africa summits abroad
A former presidential candidate in Nigeria and founder of Centre for Values in Leadership, Prof. Pat Utomi, has raised concern
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Naira crosses 1,000/$ on official market for first time
The Nigerian currency weakened to as low as N1,097.50 per dollar on Wednesday on the official foreign exchange market, data
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Mecure Industries set to list on Nigerian stock market
Mecure Industries Limited, a leading human pharmaceuticals and nutraceuticals manufacturing company,, will list 4 billion ordinary shares on Nigerian Exchange
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Naira plunges as FX market liquidity drops
The naira weakened at a faster pace against the dollar this week on the official market as liquidity declined. The
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Ex-NLNG boss, two others join Seplat board
The Board of Directors of Seplat Energy Plc has announced the approval of the appointment of Mr. Christopher John Okeke, Mr.
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Presco’s Profit Triples as Palm Oil Sales Soar
Presco Plc reported a three-fold increase in its profit before tax for the third quarter of this year as sales
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Dangote Cement’s Profit More Than Doubles, Own Shares Worth N86.6bn
Dangote Cement posted a net profit of N98.95 billion for the third quarter of this year, up from N40.99 billion
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Nigerian Breweries Posts N57bn Loss, Blames Weaker Naira, Rate Hikes
Nigerian Breweries, one of the biggest brewers in the country, posted a net loss of N57.19 billion in the third
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