NDDC To Unveil Sustainable Development Vision

NDDC To Unveil Sustainable Development Vision

Chairman of the Governing Board, Niger Delta Development Commission (NDDC) Mr. Chiedu Ebie, has disclosed that the new leadership in the Commission will unveil the right vision and set the tone for the management to drive the sustainable development of...
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Unlocking Prosperity: NGX Group’s Efforts In Bridging The Financial Literacy Gap

Unlocking Prosperity: NGX Group’s Efforts In Bridging The Financial Literacy Gap

By Clifford Akpolo — Within the intricate landscape of Nigeria’s economic future lies a critical divide that demands the attention of all stakeholders — the chasm of financial literacy. In a nation with boundless aspirations, the sobering realit...
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Nigeria Ends Borrowing

Nigeria Ends Borrowing

The Federal Government has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation. The Minister of Finance and Coordinating Minister for the Economy, Chief Wale Edun, revealed this...
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NDDC Trains Finance, Audit Staff

NDDC Trains Finance, Audit Staff

The Niger Delta Development Commission, NDDC, says that training is crucial in upscaling its management processes to enhance efficiency and transparency in its service delivery to the people of the Niger Delta region.Speaking during a two-day in-house training...
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Union Bank, CIG Motors Seal Auto Finance Partnership

Union Bank, CIG Motors Seal Auto Finance Partnership

Union Bank of Nigeria has signed a commercial partnership agreement with Choice International Group (CIG) Motors Limited, a member of CIG Group of Companies, to provide auto financing services to the Bank’s customers.  The deal, signed at Union Bank’s...
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WFE: $25tri Wiped Off Global Stock Markets

WFE: $25tri Wiped Off Global Stock Markets

New data published by the World Federation of Exchanges (WFE), the global industry group for exchanges and central clearing counterparties, indicates that $25 trillion was wiped off global stock markets in 2022.City Business News reports that WFE’s Financial...
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Access Holdings Shareholders Approve New Capital Structure

Access Holdings Shareholders Approve New Capital Structure

Shareholders of Access Holdings (Access Corporation) Plc, have approved the transfer of 35.545 billion shares in the issued and paid-up capital of Access Bank to the Holding Company.  The shareholders at Access Holdings Extra General Meeting held in ...
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World Bank Urges Nigeria To Fix Public Finances

World Bank Urges Nigeria To Fix Public Finances

World Bank has advised Nigeria to fix its public finances as part of measures to promote inclusive and sustainable development.  This is contained in the World Bank Nigeria Public Finance Review Report released on Monday in Abuja.  A copy of...
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IMO Scribe: Maritime Nations Need Finance To Develop Fossil Fuel 

IMO Scribe: Maritime Nations Need Finance To Develop Fossil Fuel 

Maritime nations need finance to invest in fossil fuels, Secretary-General, International Maritime Organisation (IMO), Mr Kitack Lim, has said.  Lim said this at the 2022 Nigerian International Maritime Summit held in Lagos on Monday.  He noted that ...
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CBN Issues National Licence To TAJBank

CBN Issues National Licence To TAJBank

TAJBank Limited Nigeria’s leading non-interest bank has secured approval for nationwide banking operations from the Central Bank of Nigeria (CBN). The bank’s Managing Director, Mr Hamid Joda, made this known in a statement on Wednesday.  Joda said tha...
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Fidelity Bank Rewards Customers With N10m

Fidelity Bank Rewards Customers With N10m

Fidelity Bank Plc has rewarded 10 customers with N1million each in the eight monthly draws of its Get Alerts in Millions season five promo (GAIM 5). Dr Ken Opara, the Promo Chairman and Executive Director, Lagos and South-West, said at...
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Ecobank Nigeria Extends Remittance Services To Business Accounts Holders 

Ecobank Nigeria Extends Remittance Services To Business Accounts Holders 

Ecobank Nigeria has extended its innovative remittance services to its business account holders.  According to Ecobank, this implies that Business Account holders can now receive funds sent through Ecobank Rapidtransfer or any of its Remittance franchise ...
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DMO Raises N123b In July FG Bond Auction 

DMO Raises N123b In July FG Bond Auction 

The Debt Management Office (DMO) has raised N123.85billion in its July Federal Government of Nigeria (FGN) bond auction.  A statement issued by DMO on Monday explained that the three instruments auctioned were valued at N75 billion each, totalling N225 bi...
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World Bank deploys $114.9b To Finance Global Crisis  

World Bank deploys $114.9b To Finance Global Crisis  

The World Bank Group has responded to the overlapping global crises by deploying $114.9 billion in financing in 2022.  In a statement on Saturday, the Bank explained that from July 1, 2021, to June 30, 2022, it responded with unprecedented scale...
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