Business

Asset sales: AMCON restructures, seeks speedy disposal strategies

  The Asset Management Corporation of Nigeria (AMCON) has disclosed that the corporation has restructured its processes from within in anticipation of better outcomes in its ...

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Ariaria market obtains independent electricity licence

In an effort to boost power at the Ariaria International Market, Aba, Abia State, the Nigerian Electricity Regulatory Commission (NERC) has granted power generating licence ...

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FG spends N643.6bn on domestic debt servicing – DMO

The Federal Government spent N643.6 billion on servicing the nation’s domestic debt for January to March, says the Debt Management Office (DMO). In its Quarterly ...

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Instagram launches app for long videos

Facebook Inc-owned social network Instagram launched a mobile app on Wednesday dedicated to user-generated videos up to an hour long, intensifying the competition for consumers’ ...

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CBN boosts forex market with $210m

The Central Bank of Nigeria (CBN) said the apex bank boosted the foreign exchange market with 210 million dollars to meet customers’ requests in various ...

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Dangote Cement pays out 90% net profit as dividend

Dangote Cement on Wednesday paid out a dividend of N10.50 per 50k share, representing 90 per cent of net profit for 2017 business year. The ...

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Fidelity bank launches new money transfer platform

Fidelity Bank Plc has inaugurated an innovative solution, tagged “Flashkey”, designed primarily to allow customers send money and pay bills using their phone keyboards without ...

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FirstBank partners agency on free eye screening

FirstBank of Nigeria Limited has unveiled a partnership with VisionSpring, a not-for-profit global organisation based in the United States of America to provide free eye ...

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OPEC, Sahara Group, others chart future of petroleum at Vienna seminar

Leading International Energy Conglomerate, Sahara Group will join world leaders and other stakeholders to underpin the importance of collaboration in safeguarding the future of Oil ...

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Jumia: Integrated, interconnected ecosystem across Africa responsible for our growth – CEO

The chief executive officer of Jumia Nigeria, Juliet Anammah has said the company’s integrated and interconnected ecosystem across its 23 markets in Africa has helped ...

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