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Buhari commends BOI mgt for creating 9m jobs since 2015
.Approves reconstitution of governing councils of NILS, NDE .Orders security agencies to stop Ogun cult killings President Muhammadu Buhari Thursday in Abuja lauded the Bank of Industry (BOI) for...
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Access Bank’s ambitious top Africa 5 target and Wigwe’s new challenge
THOMAS IMONIKHE Access Bank Plc’s recent declaration that it was raising the bar in financial services by targeting a top five finish in Africa by 2027 and becomes one of the most respected on the...
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Indian electrical manufacturers urged to set up plants in Nigeria to...
CHINYERE IKEANYI Nigerian businessmen in electrical and related materials have appealed to Indian manufacturers to consider setting up of their plants in Nigeria to checkmate high cost of doing...
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AFC records $8.56bn in total assets
COMFORT EKELEME, BUSINESS EDITOR Africa Finance Corporation (AFC) said its total assets rose by 16.3per cent to $8.56 billion in its latest full-year earnings. The performance, it said was driven by...
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CBN visits Agro-Allied Resources & Processing Nigeria Limited Plantation in...
The Central Bank of Nigeria, led by its governor, Godwin Emefiele, paid a courtesy visit to the Agro-Allied Resources & Processing Nigeria Limited (ARPN) in Edo State. The CBN team was received...
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PAVE as recourse to Nigeria’s economic nationalism
COMFORT EKELEME, BUSINESS EDITOR There is no gainsaying that the Central Bank of Nigeria (CBN) has demonstrated enough capacity in the discharge of most of its statutory functions, top of which is...
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Nigeria only has 13 to 15% prevalence of fake drugs -NAFDAC
.Says agency has measures to curtail fake, counterfeit medicines in circulation AKOR SYLVESTER-Abuja National Agency for Food and Drug Administration and Control, (NAFDAC), has disclosed that...
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Prices of food stuffs steadily increase in Enugu
COSMAS CHUKWU Enugu residents are continually groaning under the excruciating weight ever increasing prices of services and commodities, and in a special foodstuff prices.The entire is a vicious...
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Fidelity Bank grows PBT by 35.7% to N38.1bn for FY 2021
……Proposes 35 kobo dividend per share COMFORT EKELEME, BUSINESS EDITOR Fidelity Bank Plc said it recorded 35.7per cent growth in Profit Before Tax (PBT) for its 2021 financial year to close the year...
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Maritime workers mull return of on-board security men, tally clerks on vessels
.. Bemoan increasing security threats at port formations UFOMBA UZUEGBU Piqued by increasing security threats at the nation’s ports, the Maritime Workers Union of Nigeria (MWUN) has called for the...
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Transcorp records N16.23bn gross profit, N21.7bn revenue
——pays N717m dividend at 8th AGM COMFORT EKELEME Transcorp Hotels Plc has paid a total dividend of N717 million to its shareholders at its 8th Annual General Meeting (AGM) held at Transcorp Hilton...
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CITN decries move to deregulate tax practice
COMFORT EKELEME The President, Chartered Institute of Taxation of Nigeria (CITN), Mr. Adesina Adedayo, has expressed his concern about the subtle move to deregulate tax practice in the country...
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Lafarge emerges top contributors to mining industry’s social expenditure in 2020
COMFORT EKELEME, BUSINESS EDITOR Latest report from the Nigeria Extractive Industries Transparency Initiative (NEITI) has named Lafarge-Wapco among the top three contributors to the mining...
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FG calls for coordinated action by stakeholders to eliminate child labour
ÀKOR SYLVESTER-Àbuja Federal government has called for coordinated actions among stakeholders in order to accelerate the elimination of child Labour in the country. Permanent Secretary, Federal...
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Nigeria needs $500m palm oil to meet local demands – Association
The Oil Palm Growers Association of Nigeria (OPGAN) on Monday said 500 million dollars’ worth of palm oil was needed to meet local demands of the commodity annually. Chief Joe Onyiuke, the National...
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Naira Crashes Massively, closer to N600/$1 amid CBN Various interventions
The black market exchange rate closed negative on the 31st of March 2022 at N587/$1. The post Naira Crashes Massively, closer to N600/$1 amid CBN Various interventions appeared first on Champion...
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We didn’t inflate contract of exercise books –Oyo govt
Oyo State government has said contrary to speculations, it has not inflated the exercise books’ contract.This was contained in a statement issued on Monday by the state government, which has also...
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Julius Berger beats the odds, grows revenue by 40%, board recommends dividend...
Despite numerous challenges in the last financial year, with due regard to the ongoing FX scarcity and current global supply chain constraints, both consequences of the COVID-19 pandemic and the...
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Budget Deficit: Reps Grill Automotive Development Council, NIPOST over 5%...
Jonas Ezieke, Abuja The House of Representatives Committee on Finance on Tuesday grilled the National Automotive And Development Council and the Nigeria Postal Service NIPOST over the non...
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We ’ll be creative in the financial model for Lagos –Sanwo-Olu
Lagos State Governor, Mr. Babajide Sanwo-Olu on Tuesday said his administration would be creative in its financing model to provide the required funds to deliver dividends of democracy to the people...
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