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Accept Old Bank Note Or Face Prosecution, Sanwo-Olu Warns
adminFebruary 16, 2023
Lagos State Governor, Mr. Babajide Sanwo-Olu has warned organisation and individual rejecting old Naira note to desist or prosecution. The governor in a statement posted on his Facebook page commended…Read More
Naira Abuse: Nollywood Actress Omoseyin Gets N5m Bail, Trial Commences April 3
adminFebruary 16, 2023
Justice Chukwujekwu Anneke of the Lagos Division of the Federal High Court has admitted Nollywood actress Oluwadarasimi Omoseyin to a bail of N5 million over the alleged abuse of the…Read More
NPA Expects Ships with Gas, Petrol to Berth at Lagos Port
adminFebruary 15, 2023
NPA Expects Ships with Gas, Petrol to Berth at Lagos Port The Nigerian Ports Authority (NPA) on Tuesday said that out of the 25 ships expected at the Lagos Port…Read More
TAJBank Lists First Corporate Sukuk Bond on Nigerian Exchange
adminFebruary 15, 2023
TAJBank Lists First Corporate Sukuk Bond on Nigerian Exchange TAJBank Ltd., Nigeria’s foremost non-interest bank, on Tuesday listed its Sukuk Bond on the floor of the Nigerian Exchange Ltd., (NGX).…Read More
Lagos Begins Distribution of Palliatives to Residents amidst Naira Scarcity
adminFebruary 15, 2023
Lagos Begins Distribution of Palliatives to Residents amidst Naira Scarcity Amidst multiple pressures facing residents, Lagos States Gov. Babajide Sanwo-Olu on Tuesday commenced the distribution of palliative to the vulnerable…Read More
CBN Says Old Naira Notes Not Legal Tender
adminFebruary 15, 2023
CBN Says Old Naira Notes Not Legal Tender Despite an obvious scarcity of new naira notes, the Central Bank of Nigeria (CBN) has declared that the old N200, N500 and…Read More
MTNN, GUINNESS Gains Push Stock Market Cap Upward
adminFebruary 15, 2023
MTNN, GUINNESS Gains Push Stock Market Cap Upward Price appreciation in MTN Nigeria, GUINNESS and Lafarge WAPCO drove the Nigerian Exchange (NGX) market capitalisation upward amidst scarcity of new Naira…Read More
Coca-Cola HBC Earnings Slump 12%, Hikes Dividend
adminFebruary 15, 2023
Coca-Cola HBC Earnings Slump 12%, Hikes Dividend Coca-Cola HBC bumped up its dividend for 2022, despite recording a year-over-year decline in attributable profit due to major foreign currency translation losses.…Read More
Oil Slumps as US Opens Strategic Reserves
adminFebruary 15, 2023
Oil Slumps as US Opens Strategic Reserves Oil prices fell early on Tuesday even as the Organisation of Petroleum Exporting Countries (OPEC) raised its 2023 demand forecast. The retreated global…Read More
Siemens Issues €60 million Digital Bond on Blockchain
adminFebruary 15, 2023
Siemens Issues €60 million Digital Bond on Blockchain Siemens issued its first digital bond on a public blockchain, with a volume of 60 million euros and a maturity of one…Read More
OPEC Estimates Increase in Global Oil Demand
adminFebruary 15, 2023
OPEC Estimates Increase in Global Oil Demand Global oil demand will rise this year by 2.32 million barrels per day (bpd), or 2.3%, the Organization of the Petroleum Exporting Countries…Read More
Stanbic IBTC Highlights Benefits of Life Insurance Policy
adminFebruary 15, 2023
Stanbic IBTC Highlights Benefits of Life Insurance Policy Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings Plc, has urged Nigerians to purchase life insurance policies to help secure…Read More