Companies
NDIC to pay 14 liquidated banks’ depositors
The Nigeria Deposit Insurance Corporation says it will soon commence payment of liquidation dividends to uninsured depositors, creditors and shareholders...
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BoI clarifies issues surrounding accessing loans
The Nigerian Bank of Industry has cleared the air on some bottlenecks surrounding accessing funds from the bank. The BoI's...
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AfDB launches $463.9m Kangaroo social bond
The African Development Bank said it has initiated a $463.9m (600 million Australian dollar) five-year-five-month Kangaroo bond, to mark its...
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Mixta Real Estate quotes N1.02bn CP on FMDQ
The FMDQ Securities Exchange Limited has approved the Mixta Real Estate Plc quoted N1.02bn Series 36 Commercial Papers Issuance on...
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FMDQ approves Coronation’s N11.36bn CP
Coronation Merchant Bank Limited has quoted N11.36bn Series 18 Commercial Papers on the FMDQ platform. The FMDQ Securities Exchange Limited...
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Mastercard to deploy $1.3bn to save lives in Africa
No less than $1.3bn will be deployed over the next three years by the Mastercard Foundation, in partnership with the...
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ATI grows profit by 43%
The African Trademarks Insurance Agency has reported a 43 per cent growth in net profit for the year 2020. The...
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Nigerian firm completes acquisition of Shoprite
Africa’s largest retailer business, Shoprite, has sold its Nigerian operations to Ketron Investment Limited, a Nigerian company owned by a...
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Conoil’s profit declines by 24%
Conoil Plc has reported a decline of 24.25 per cent in Profit Before Tax for the year ended December 31,...
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NNPC posts N40bn surplus amid increased pipeline vandalism
Even as vandalism of oil pipelines in the country upped by 50 per cent in February 2021, the Nigerian National...
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