Tuesday, January 19, 2021

Pension industry fund assets rise to N12.29tr

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...

Nigerian stocks buck global downtrend with N552b gain

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...

NNPC records $120.49m crude oil receipt in September

THE Nigerian National Petroleum Corporation (NNPC) on Sunday announced a total export receipt for crude oil and gas valued at $120.49 million for September...

Lagos targets N512b tax, N193b loan to fund 2021 Budget

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...

Access Bank completes acquisition of Cavmont Bank

The board of Access Bank Plc on Wednesday announced complete acquisition of Cavmont Bank Ltd by its Zambian subsidiary, Access Bank (Zambia) Ltd. Mr Sunday...

FCMB appoints Yemisi Edun as Acting Managing Director

First City Monument Bank (FCMB) has appointed Yemisi Edun as its new managing director in acting capacity, amid allegations of marital infidelity between Adam...

Nigerian stock market suffers N393bn loss

The equities market closed on a negative note on Tuesday, declining by 1.83 per cent as profit-taking hit the market following investors’ moves to...

Infidelity: FCMB forces MD, Adam Nuru to go on leave to save face

The Managing Director, First City Monument Bank Limited, Adam Nuru, has been forced to go on leave to enable the bank to investigate the...
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