Tuesday, January 19, 2021

Monthly Archives: September, 2020

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Companies

Friesland WAMCO acquires Nutricima Diary

Anthony Godspower - 0
FrieslandCampina WAMCO Nigeria PLC as acquired Nutricima’s dairy business and has taken possession of the company’s production facility in Ikorodu, Lagos State. With the acquisition,...
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Companies

Access Bank receives CBN’s nod for conversion to HoldCo

Anthony Godspower - 0
Access Bank Plc has secured the approval from the Central Bank of Nigeria (CBN) to restructure its operating structure from a commercial banking group...
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Markets

Nigerian equity market gains 0.39% to extend uptrend

Anthony Godspower - 0
Price appreciation in WEMA BANK, AIICO, AFRIPRUD, BUACEMENT, and 12 other stock spurred the Nigerian equity market to eight successive trading sessions gain on...
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News

Buhari seeks approval of N148.14b for 5 states

Anthony Godspower - 0
President Muhammadu Buhari has sought the National Assembly’s approval of the reimbursement of N148.14 billion through the issuance of promissory notes to five state...
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Economy

Rice production increased by 1.2 million metric tones – FG reveals

Anthony Godspower - 0
The Federal Government has revealed that its interventions in the rice value chain led to an increase in rice production in Nigeria by 1.2...
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Multimedia & TV

You have our support – NBC assures TStv

Anthony Godspower - 0
The National Broadcasting Commission (NBC) has promised to support TStv Africa as it prepares to begin operations on October 1. The digital satellite TV service...
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Companies

Sterling Bank receives approval for conversion to HoldCo

Anthony Godspower - 0
Sterling Bank Plc has been granted approval by the Central Bank of Nigeria (CBN) to convert from a stand-alone commercial bank to a Holding...
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Markets

NSE lists United Capital’s N10b bond on exchange

Anthony Godspower - 0
The Nigerian Stock Exchange (NSE) has listed the N10 billion bond issued by United Capital Plc on the exchange. The listing paves the way for...
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Markets

Nigeria’s forex reserves shed $47.3m, now $35.77 billion

Anthony Godspower - 0
Nigeria’s foreign exchange (forex) reserves dropped by $47.33 million to close weekend at $35.77 billion. This was as Crude oil price declined by 4.4...
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Companies

Julius Berger delves into agro-processing

Anthony Godspower - 0
The board of Julius Berger Nigeria Plc has approved a diversification into Agro-processing as part of efforts to deliver on the company’s long term...
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News

EFCC arraigns ‘Mama Boko Haram’ on fresh N41.7m fraud charges

BusinessLive - 0
The travails of Aisha Alkali Wakili alias Mama Boko Haram are yet over as the Economic and Financial Crimes Commission (EFCC) Maiduguri Zonal Office,...
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Companies

Zenith Bank board meets to discuss results, final dividend

BusinessLive - 0
The Board of Directors of Zenith Bank Plc will meet on Thursday 28, 2021, to discuss the audited financial statements (AFS) for the year...
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News

Pension industry fund assets rise to N12.29tr

BusinessLive - 0
The pension industry fund assets rose to N12.29 trillion by November 30, 2020. This represented a 1.94 per cent increase when compared with N12.053...
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News

Nigerian stocks buck global downtrend with N552b gain

BusinessLive - 0
Nigerian equities played the contrarian amid global stock market decline as sustained bargain-hunting ahead of the earnings season roused Nigerian shares to a net...
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Editor Picks

Companies

Zenith Bank board meets to discuss results, final dividend

BusinessLive - 0
The Board of Directors of Zenith Bank Plc will meet on Thursday 28, 2021, to discuss the audited financial statements (AFS) for the year...
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Economy

CBN finances N2.86trn of FG’s 2020 fiscal deficit

BusinessLive - 0
The Central Bank of Nigeria (CBN) financed the Federal Governments (FG) 2020 fiscal deficit to the tune of N2.86 trillion, equivalent to 46.6 percent...
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News

Lagos targets N512b tax, N193b loan to fund 2021 Budget

BusinessLive - 0
LAGOS State Government plans to raise N192. 49 billion through domestic and international lenders to supplement its N1.164 trillion budget. The state expects N723.8 billion...
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Must read

Companies

Zenith Bank board meets to discuss results, final dividend

BusinessLive - 0
The Board of Directors of Zenith Bank Plc will meet on Thursday 28, 2021, to discuss the audited financial statements (AFS) for the year...
Read more
News

Pension industry fund assets rise to N12.29tr

BusinessLive - 0
The pension industry fund assets rose to N12.29 trillion by November 30, 2020. This represented a 1.94 per cent increase when compared with N12.053...
Read more
News

Nigerian stocks buck global downtrend with N552b gain

BusinessLive - 0
Nigerian equities played the contrarian amid global stock market decline as sustained bargain-hunting ahead of the earnings season roused Nigerian shares to a net...
Read more

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