Business

Kaduna govt, Sterling Bank launch mortgage scheme

The Kaduna State Government and Sterling Bank have agreed to jointly fund a N5bn mortgage scheme to facilitate home ownership in the state. The fund will provide ...

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Fidelity Bank increases provision on 9Mobile loan

Fidelity Bank Plc disclosed that it has increased its provision against indebted telecoms firm, 9mobile to 50 per cent. This is just as the commercial ...

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Heritage Bank pledges continuous support for BBNaija

Heritage Bank Plc, Nigeria’s most innovative banking service provider, has said it would continue to partner with MultiChoice Nigeria Limited, owners of the DSTV and ...

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Tetra Pak appoints Oshiokamele Aruna as first ever Nigerian Managing Director

Tetra Pak West Africa has confirmed the appointment of Oshiokamele Aruna as the new Managing Director of the company. The appointment of Mr. Aruna, makes him the ...

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RTA opens registration for Dubai World Challenge for self-driving transport

The Roads and Transport Authority (RTA) in Dubai on Tuesday opened registration for the Dubai World Challenge for Self-Driving Transport through the website www.sdchallenge.com. HE Mattar ...

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CBN denies fire outbreak at Headquarters

The Central Bank of Nigeria (CBN), has dismissed as false news making the rounds that its head office building in Abuja was gutted by fire on Tuesday ...

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CBN captures 31m Nigerians in BVN project

The Central Bank of Nigeria (CBN) has captured no fewer than 31 million account customers in its Bank Verification Number (BVN) project aimed at ensuring ...

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Crude oil price rises above $75 per barrel

International oil benchmark, Brent crude, on Monday hit $75 per barrel and rose further amid growing geopolitical tensions in the world. Brent, against which Nigeria’s ...

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WhatsApp co-founder to leave Facebook

WhatsApp co-founder Jan Koum on Monday said that he would leave Facebook, which bought the smartphone messaging service four years ago for $19 billion. Koum ...

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CBN introduces new penalties for money laundering

The Central Bank of Nigeria (CBN) has introduced a new set of penalties for organisations that flout its Anti-Money Laundering and Combating the Financing of ...

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