Management Debunks Sale Of Polaris Bank

Management Debunks Sale Of Polaris Bank

The management of Polaris Bank has denied the purported sale of the bank by the Central Bank of Nigeria (CBN) to a private individual for N40 billion.  In a statement on Friday, the Bank said such speculative publication was a...
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Investors Recover N81b As Equity Market Closes Positive

Investors Recover N81b As Equity Market Closes Positive

Trading activities at the Nigeria equity market closed in a positive posture, as investors raked in N81.01 billion gain on Friday.  Similarly, the gain made the market capitalisation close at N27.358 trillion from N27.276 trillion recorded on Thursday.&nb...
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Buhari Salutes Daisy Danjuma At 70

Buhari Salutes Daisy Danjuma At 70

President Muhammadu Buhari has congratulated Sen. Daisy Danjuma, wife of former Chief of Army Staff, retired Lt.-Gen. Theophilus Danjuma, as she turns 70 on August 6, 2022.   Malam Garba Shehu, the president’s media aide in a statement on Friday sa...
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FG: Dala Dry Port Has Potential To Service Cargo Needs Of Nigeria, Niger Republic, Mali

FG: Dala Dry Port Has Potential To Service Cargo Needs Of Nigeria, Niger Republic, Mali

The Kano Dala Dry Port project has the potential to service the cargo needs of the North West, North East, Niger Republic and Mali with a seamless transportation system for both import and export, the Permanent Secretary, Ministry of Transportation,  Dr Mag...
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100 Ecobank Customers Win N50,000 Each

100 Ecobank Customers Win N50,000 Each

Ecobank Nigeria has announced the names of 100 customers who are the first set of lucky winners in the super Rewards season 3 campaign monthly draw with an N50,000 cash prize each. The Super Rewards Campaign is a customer-focused initiative designed...
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NPA Mulls 30 Per Cent Tariff Relief On Shipments To Eastern Ports

NPA Mulls 30 Per Cent Tariff Relief On Shipments To Eastern Ports

The Nigerian Ports Authority (NPA) is willing to increase tariff relief by as much as 30 per cent for service providers as part of a multi-pronged approach to attract more vessel and cargo traffic to the Eastern ports. NPA’s Managing Director,...
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FG Partners World Bank On Land Remediation

FG Partners World Bank On Land Remediation

The Federal Government is to partner World Bank to establish Agro-Climate Resilience in Semi-Arid Landscapes (ACRESAL), a programme to remediate drylands and wetlands across the country.  The Minister of Environment, Alhaji Mohammed Abdullahi, said this at th...
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Buhari Challenges BUA Chairman On Investments, Charity 

Buhari Challenges BUA Chairman On Investments, Charity 

President Muhammadu Buhari has urged businessman and philanthropist, Abdulsamad Rabi’u, to carry forward his momentum of investments and charitable deeds as he marks his 62nd birthday.  Malam Garba Shehu, the president’s spokesman stated that the...
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Naira Gains Marginally At Investors, Exporters Window

Naira Gains Marginally At Investors, Exporters Window

The Naira on Thursday gained against the dollar at the Investors and Exporters window, exchanging at N428.12.  The figure represented an increase of 0.25 per cent compared with the N429.20 it exchanged for the dollar on Wednesday.  The open indicative...
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SEC Warns Against Unregistered Investments Crowdfunding Platforms

SEC Warns Against Unregistered Investments Crowdfunding Platforms

The Securities and Exchange Commission (SEC) has again warned investors about the activities of unregistered investment crowdfunding platforms.   Crowdfunding is the process of raising funds to finance a project or business from the public through an online ...
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Nine Ships Laden With Petrol, Wheat, Others WaitingTo Berth At Lagos Ports 

Nine Ships Laden With Petrol, Wheat, Others WaitingTo Berth At Lagos Ports 

The Nigerian Ports Authority (NPA), on Thursday, disclosed that nine ships carrying petrol, base oil, bulk wheat, bulk salt, container and bulk gypsum has arrived at the ports and are waiting to berth.  NPA in its Daily Shipping Position’  als...
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Stakeholders Laud FG’s Approval Of $2.59b Badagry Deep Seaport Project 

Stakeholders Laud FG’s Approval Of $2.59b Badagry Deep Seaport Project 

Some stakeholders in Badagry on Thursday lauded the Federal Government’s approval of $2.59 billion for the development of the Badagry Deep Seaport project under Private Public Partnership.  They told the News Agency of Nigeria (NAN) in Badagry that the ...
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MAN Lauds NPA On Boosting Export Initiatives

MAN Lauds NPA On Boosting Export Initiatives

Director-General of the Manufacturers Association of Nigeria (MAN) Mr. Segun Ajayi Kadir mni. has commended the initiatives of the Mohammed Bello Koko-led management of the Nigerian Ports Authority (NPA)at promoting exports  of locally manufactured goods.&nbs...
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Citibank Appoints Shamsuddeen Usman Chairman

Citibank Appoints Shamsuddeen Usman Chairman

Former Minister of Finance, former Minister of National Planning, and former Deputy Governor of the Central Bank of Nigeria, Dr. Shamsuddeen Usman has been appointed the Chairman of the Board, Citibank Nigeria Limited effective July 20, 2022.  Usman had s...
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