Business

AMCON recovers N134bn from debtors – Kuru, MD/CEO

The Asset Management Corporation of Nigeria (AMCON), said it was able to recover N134bn from various debtors in the 2016 financial year as a result ...

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OPEC exempts Nigeria from oil production cuts

The Organisation of Petroleum Exporting Countries ( OPEC ) has agreed to further extend the agreement to cut global oil production by 1.2 million barrel ...

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Lagos, Akwa Ibom, Rivers, two others most investment-friendly states – NBS

The National Bureau of Statistics (NBS) has listed Lagos, Akwa Ibom, Ogun, Oyo, Rivers states and the Federal Capital Territory, Abuja as the most investors-friendly ...

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Nigeria’s economy records second worst investment inflow as FDI drops to $908m – NBS

The Nigerian economy recorded its second worst investment inflow in 10 years, with the country attracting a total investment of $908.27m in the first quarter ...

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NCC partners enforcement agencies on telecom infrastructure protection

The Nigerian Communication Commission (NCC) has opened a partnership arrangement with law enforcement agencies in the country to step up regulatory activities of the industry ...

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UBA introduces world-class mobile banking app

United Bank for Africa Plc, pan African financial institution, has announced the launch of a brand new mobile banking application with many user friendly features, ...

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Recession continues as economy shrinks by 0.52% in Q1 2017 – NBS

The National Bureau of Statistics (NBS) on Tuesday released the Gross Domestic Product report for the first quarter of this year, which showed that the economy contracted by 0.52 per cent in the period ...

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CBN retains interest rate at 14%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday left the Monetary Policy Rate (MPR) unchanged at 14 per cent. ...

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Telecoms firms set to recall sacked workers

The Ministry of Communications on Tuesday hinted that two telecommunications firms are currently considering a recall of retrenched staff. Speaking during a public hearing by the ...

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UBA plans to issue $500mn Eurobond

The United Bank for Africa Plc (UBA) on Tuesday notified the Nigerian Stock Exchange (NSE) and the investing public of its intention to launch a $500 ...

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