Zenith Bank emerges number one in Nigeria by Tier-1 capital

• Tier-1 capital of $2.79billion Zenith Bank Plc has again emerged as the Number One Bank in Nigeria by Tier-1 Capital in the 2020 Top 1000 World Banks Ranking published …

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Transcorp Hotels’ shareholders endorse N9.9bn rights issue

Shareholders of Transcorp Hotels Plc have unanimously approved the company’s plan to raise the sum of N9.9 billion through a rights issue. The shareholders gave the approval at the company’s …

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NNPC Produces 218.37billion Cubic Feet (BCF) of Natural Gas in March

… Records 47 Per cent Decrease in Pipeline Vandalism The Nigerian National Petroleum Corporation (NNPC) has said that 218.37billion Cubic Feet (BCF) of natural gas was produced in March 2020, …

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ECOWAS endorses Okonjo-Iweala for WTO DG, seeks Africa, others’ Support

•Former Minister of Finance, Ngozi Okonjo-Iweala By Mary TOM The Heads of State and Governments of the 15 Economic Community of West African States (ECOWAS)  have endorsed the candidature of …

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IST tasks Litigants, Counsels to improve knowledge of Capital Market Operations

By Nse Anthony-Uko The Tribunal identified that many capital market cases in courts are lost on the ground of technicalities because of poor knowledge of capital market operations by the …

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Uncertainty over re-opening of airports

….FAAN mulls new domestic terminal along Agege Motor Way Nigeria Civil Aviation Authority (NCAA) said on Thursday that it could not confirm the new date for re-opening of airports as …

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FAAC: FG, States, LGCs share N547.309bn for May

FAAC The Federation Accounts Allocation Committee (FAAC) on Wednesday shared N547.309 billion to the three tiers of government for the month of May. Mr Hassan Dodo, the Director of Information …

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CBN director advocates localisation of strategies to revamp African economies

A financial expert, Dr Hassan Mahmud, has advised West African countries affected by COVID-19 pandemic in look inward to revamp their economies. Mahmud, Director, Monetary Policy Department, Central Bank of …

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NEITI LAUDS NNPC FOR PUBLISHING AUDITED ACCOUNTS

The Nigeria Extractive Industries Transparency Initiative (NEITI) has described as laudable, the decision of the Nigeria National Petroleum Corporation (NNPC) to make public its audited accounts for the first time …

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Dry-dock: NPA moves to save Nigeria multimillion dollars

•NPA MD Hadiza Bala Usman  The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman, has disclosed that the NPA has granted the necessary approvals to ensure that …

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