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NGX Halts Profit-takings as Dangote, Zenith Rally
adminMarch 30, 2023
NGX Halts Profit-takings as Dangote, Zenith Rally The equities segment of the Nigerian Exchange (NGX) halted days of loss-making streaks that follow investors’ weak buying sentiments. Thus, market capitalisation increased…Read More
Banks Raise N631bn from CBN Facility to Stay Liquid
adminMarch 30, 2023
Banks Raise N631bn from CBN Facility to Stay Liquid A large number of Deposit money banks (DMBs) in Nigeria have continued to pitch their tents in the Central Bank (CBN)…Read More
CBN, Bankers Committee Sensitize Nigerians on eNaira
adminMarch 30, 2023
CBN, Bankers Committee Sensitize Nigerians on eNaira The Central Bank of Nigeria (CBN), in collaboration with the Bankers Committee, has begun its sensitisation and public enlightenment in Kano markets, to…Read More
Kenya Hikes Interest Rate to 9.50%
adminMarch 30, 2023
Kenya Hikes Interest Rate to 9.50% Kenya’s central bank monetary policy committee on Wednesday raised its key interest rate by 75 basis points to 9.50% from 8.75% in order to…Read More
U.S Increases Visa Application Fee
adminMarch 30, 2023
U.S Increases Visa Application Fee The United States (U.S.) government has announced an increment for its non-migrant visa application fee effective from March 30. The U.S. Mission in Nigeria, which…Read More
Parallex Bank Gets $10m Trade Finance Facility
adminMarch 30, 2023
Parallex Bank Gets $10m Trade Finance Facility Nigeria’s Parallex Bank Ltd. has received a $10 million trade finance facility from the African Export-Import Bank (Afreximbank) for Small and Medium-sized Enterprises…Read More
U.S Recovers $53m Illicit Fund Involving Diezani, Aluko, Omokore
adminMarch 30, 2023
U.S Recovers $53m Illicit Fund Involving Diezani, Aluko, Omokore The U.S. Justice Department announced today the final resolution of two civil cases seeking the forfeiture of various luxury assets that…Read More
Naira Rises as Nigeria Receives $1bn FX Inflow
adminMarch 30, 2023
Naira Rises as Nigeria Receives $1bn FX Inflow The Nigerian local currency, the Naira, appreciated after its recent offbeat moves across the foreign exchange (FX) markets amidst growing uncertainties in…Read More
Zenith Bank Boosts Gross Earnings by 24% in 2022
adminMarch 30, 2023
Zenith Bank Boosts Gross Earnings by 24% in 2022 Zenith Bank Plc has announced its audited results for the year ending December 31, 2022, achieving an impressive double-digit growth of…Read More
Oando Posts N141bn Loss as Finance Costs Spike
adminMarch 30, 2023
Oando Posts N141bn Loss as Finance Costs Spike Nigeria’s leading indigenous energy group, Oando Plc, has posted a N141 billion loss after tax in its 2020 financial statement, according to…Read More
Name, Arrest Those Plotting Interim Govt, IPAC Chairman Tells SSS
adminMarch 30, 2023
The Chairman of Inter-Party Advisory Council (IPAC), Yabagi Sani, has asked the Department of State Service (DSS) to name and apprehend those it said are behind plans to install an…Read More
Finding The BODMAS X In The Mathematics Of 25% Of The FCT, Abuja
adminMarch 30, 2023
By Prof Mike A.A. Ozekhome, SAN, CON, OFR, FCIArb, LL.M, Ph.D., LL.D, D.Litt. INTRODUCTION In an article titled, “Presidency: Supreme Court has resolved FCT 25% quandary: (https:// the eagleonline.com.ng), my…Read More