Business
African airlines see rising demand as global air cargo surges by 12%
New data for the global air cargo market has shown a general increase in demand for African airlines among the...
Read moreUnion Bank and Wema upsurge amid plunge of Jaiz bank
The NGX Banking Index saw a bullish trend of +1.25% to push the market to an index point of 356.60....
Read moreNigeria among top three countries with electricity deficits – World Bank
The World Bank has listed Nigeria among the three countries with the largest electricity deficits in the world. It said...
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Nigeria Misses Goal on Growing Access to Financial Services
Nigeria fell short of its goal to bring more of its citizens into the regulated financial system, with the effects...
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Financial sector is under intense pressure from FinTech firms – FITC
FITC, a professional services firm owned by the Bankers Committee, has said that the Nigerian financial services sector has come...
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Shoprite: Ketron Investment announces acquisition
Ketron Investment Limited, a Nigerian company owned by a group of institutional investors led by Persianas Investment Limited has announced...
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Pension Funds ditch stocks for FGN Bonds and Bank Placements
Nigeria’s stock market has witnessed recurring bearish trade performance this year, with the All-share index recording a decline of 5%...
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Nigeria imports over $580 million worth of cassava by-products every year – CBN
The Central Bank of Nigeria (CBN) has stated that Nigeria imports over $580 million worth of cassava by-products annually and...
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FG discussing with UAE on flight operations resumption, discriminatory travel protocols
The Federal Government has said that it is currently discussing with the United Arab Emirates (UAE) authorities on the resumption...
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Govt-owned NNPC buying stake in Dangote worries oil industry operators
The business side of a commercial Nigerian National Petroleum Corporation (NNPC) acquiring stakes in Dangote Petroleum Refinery excites many downstream...
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