Wema Bank Capital Base Stands at N55bn with Rights Issue -MD

Wema Bank Capital Base Stands at N55bn with Rights Issue -MD With rights issue in the pipeline, Moruf Oseni Wema Bank Managing Director/Chief Executive Officer said the Nigerian lender’s capital…

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Jumia Launches Integrated Warehouse to Reduce Delivery Time

Jumia Launches Integrated Warehouse to Reduce Delivery Time To improve efficiency and the delivery experience, e-commerce platform Jumia Nigeria announced on Tuesday the opening of a new integrated warehouse and…

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Blue Economy Targets N2trn Annual Revenue by 2027- Oyetola

Blue Economy Targets N2trn Annual Revenue by 2027- Oyetola The Ministry of Marine and Blue Economy says it is implementing a 3-pronged strategy that will increase its revenue generation to…

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Oyo Approves N600m Tractorisation Subsidy for Farmers

Oyo Approves N600m Tractorisation Subsidy for Farmers The Oyo State Government on Tuesday, approved N600 million as tractorisation subsidy to support farmers in the state. The state Commissioner for Agriculture…

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Oil, Gas Reforms Will Make Nigeria Globally Competitive- Tinubu

Oil, Gas Reforms Will Make Nigeria Globally Competitive- Tinubu President Bola Tinubu says the three Executive Orders on oil and gas reforms will make Nigeria’s petroleum sector globally competitive. The…

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EFCC Arrests 7 over Alleged Illegal Mining in Ilorin

EFCC Arrests 7 over Alleged Illegal Mining in Ilorin Operatives of the Ilorin Zonal Command of the Economic and Financial Crimes Commission (EFCC) have arrested seven suspects over alleged in…

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Investors Record N294bn Gain on Nigerian Exchange

Investors Record N294bn Gain on Nigerian Exchange Equities investors gain N294 billion from the stock market on Tuesday due to sustained interest in medium and large companies. As a result,…

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Nigeria’s SEC Registers Three Crowdfunding Platforms

Nigeria’s SEC Registers Three Crowdfunding Platforms Nigeria’s Securities and Exchange Commission (SEC) on Tuesday said that it had successfully registered three crowdfunding platforms, with three additional applications currently under review.…

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Foreign Investors Transactions Rise to $90.83m in April

Foreign Investors Transactions Rise to $90.83m in April The total transactions by foreign investors on the Nigerian Exchange Ltd. (NGX) increased by 28.19 per cent between March and April. The…

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Naira Steadies at Official Window, Parallel Market Gains

Naira Steadies at Official Window, Parallel Market Gains The Nigerian naira exchange rate steadied at N1339 per US dollar in the foreign exchange market on Tuesday, according to data from…

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