UNIJOS, others acquire subsidiaries of Nigerian Mining Corporation

UNIJOS, others acquire subsidiaries of Nigerian Mining Corporation

The National Council on Privatisation (NCP), at its 4th meeting for 2017,approved the privatisation of the remaining 5 (out of the 23) subsidiaries of the Nigerian Mining Corporation (NMC). The NCP approved the sale of Naraguta Bricks and Clay Company...
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Obaseki inaugurates pension committee, fine-tunes strategy to clear N3.9bn arrears

Obaseki inaugurates pension committee, fine-tunes strategy to clear N3.9bn arrears

The Governor of Edo State, Mr. Godwin Obaseki, has said the state has put up structures to clear pension arrears accumulated from 1996 to 2000, noting that the migration of public servants to the contributory pension scheme will forestall a...
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NSE Photo News

NSE Photo News

L – R: Mr. Mohammed Olatunde Amolegbe, 2nd Vice President, Chartered Institute of Stockbrokers (CIS); Mr. Oluwaseyi Abe, President, CIS; Mr. Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE) and Newly Inducted Associate Member ...
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Oando shareholders insist on forensic audit

Oando shareholders insist on forensic audit

Shareholders under the aegis of the Oando Shareholders Solidarity Group (OSSG) have faulted recent claims by the management of the company that it dragged the Securities and Exchange Commission (SEC) to court to protect shareholders’ interest.    In a stat...
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First Bank Photo News

First Bank Photo News

Nigerian music superstar, Davido with Managing Director/Chief Executive Officer, First Bank of Nigeria Limited, Adesola Adeduntan, during a courtesy visit by Davido to the Corporate Headquarters of FirstBank, as part of activities marked to create awareness fo...
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Heritage Bank gets CBN’s sustainable banking award in agric

Heritage Bank gets CBN’s sustainable banking award in agric

Heritage Bank has been bestowed with the inaugural Nigeria Sustainable Banking Award convened by the Central Bank of Nigeria (CBN) “For Sustainable Transaction of The Year in Agriculture.” The award which was in recognition of its outstanding success and l...
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NSE Photo News

NSE Photo News

L – R shows Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE) presenting a replica of the gong to Annabelle Degroot, Managing Director, International Breweries Plc during the Closing Gong Ceremony at the Exchange  in Lagos.
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NSE Photo News

NSE Photo News

L-R:  Bola Adeeko, Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Aderemi A. Adetayo, Chief Executive Officer, Moving Media; Oscar N. Onyema, OON, Chief Executive Officer, NSE, His Excellency, Senator Ibikunle Amosun, Executive Governor...
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CBN injects $210m into currency market

CBN injects $210m into currency market

The Central Bank of Nigeria (CBN)  said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.  In a statement, the bank said it had released 100...
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Market capitalisation depreciates by N120b

Market capitalisation depreciates by N120b

Transactions on the floor of Nigerian Stock Exchange (NSE) on Monday commenced on a negative note as market capitalisation which opened at N13.672 trillion dropped by N120 billion or 0.89 per cent to close at N13.913 trillion.   Also, the All-Share...
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Edo farmers, investors to get N500m Agric Credit

Edo farmers, investors to get N500m Agric Credit

To provide guarantee for agribusiness investments in the state, the Edo State Government has partnered the Central Bank of Nigeria (CBN)  to set up a N500 million Commercial Agricultural Credit Scheme (CACS). Governor of Edo State, Mr. Godwin Obaseki, reveale...
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