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 CBN Infuse $210 Million At Forex Trade

By |July 19th, 2018|

Central  Bank of Nigeria (CBN) on Tuesday infused $210 million into the the inter-bank foreign exchange (forex) market. It offered $100 million to approved merchants in the discount fragment of the market, while the Small and Medium Enterprises (SMEs) portion got $55 million.

Another $55 million was apportioned to invisibles, for example, educational cost expenses, medicals and […]

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Wema Bank Generates 6 months Benefit of N1.83bn

By |July 19th, 2018|

Wema Bank Plc has details earning assessment of N1.83bn for the principal half of the year. The bank revealed in a statement noting its benefit before charge developed by 27.44 for each penny to N1.83bn in the primary portion of 2018 from N1.43bn in a similar time of 2017.

It said its unaudited money related outcomes […]

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NSE Financial Specialists Lose N11billion On Exchanging Floor

By |July 19th, 2018|

Proceeded with share value deterioration on the value area of the Nigerian Stock Exchange (NSE), yesterday pulled the market capitalisation additionally around N110 billion. At the end of exchanging yesterday, All-Share Index (NSE-ASI) shed 303.16 total focuses, speaking to a decrease of 0.81 for each penny to close at 36,963.70 focuses, while year-to-date misfortune rose […]

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Conoil Guarantees Investors Higher Profits For Investment

By |July 16th, 2018|

Conoil Plc reveals it will assemble a more grounded budgetary position and make higher incentive for its investors to keep up its authority position in the downstream area of the oil business.

The investors of the organization, at the 48th Annual General Meeting on Friday in Uyo, Akwa Ibom State, endorsed an aggregate profit installment of […]

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Stocks Continues Depreciating , Stock Capitalisation Hits N13.5tn

By |July 16th, 2018|

The All-Share Index of the Nigerian Stock Exchange and the market capitalisation of recorded values devalued by 0.62 for every penny to close at 37,392.77 and N13.546tn individually a week ago.

Likewise, all different files completed lower except for the NSE Oil/Gas and the NSE Lotus II Indices that increased in value by 0.71 for each […]

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Community Oriented Efforts’ll Make Capital Market Energetic – SEC

By |July 16th, 2018|

The Securities and Exchange Commission has said it is available to recommendations and activities that will make the capital market dynamic, focusing on the requirement for more partner cooperation.

The Acting Director-General, SEC, Ms Mary Uduk, expressed these when individuals from the Association of Stockbroking Houses of Nigeria met with the administration of the SEC in […]

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London Intervention Court Grants $680m Against Wale Tinubu’s

By |July 16th, 2018|

The London Court of International Arbitration has granted an aggregate of $680m (about N216bn) against two firms – Ocean and Oil Development Partners Limited, which claims 55.96 for every penny of Oando Plc; and Whitmore Asset Management Limited – having a place with Nigerian representative, Wale Tinubu, and his accomplice, Omamofe Boyo.

The honor was supportive […]

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Poor Monetary Literacy Debilitates MSMES’ Development – Aisha

By |July 6th, 2018|

The Minister of State for Industry, Trade and Investment, Aisha Abubakar, on Thursday said there was a need to direly address the poor level of budgetary proficiency among administrators of Micro, Small and Medium Enterprises in the nation.

Abubakar said that if left unchecked, the poor level of monetary education among entrepreneurs could debilitate the development […]

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NNPC Reviews Retail Auxiliary’s Field Tasks

By |July 6th, 2018|

The Nigerian National Petroleum Corporation declared on Thursday that it had initiated nationwide review of the field tasks of its auxiliary, NNPC Retail Limited. The NNPC Retail Limited is the downstream auxiliary of the national oil firm, which participates in the supply and dissemination of oil based goods.
The Group General Manager, Group Public Affairs Division, […]

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