Business News
Business and economic news from Nigeria and around the world.
Royal Exchange’s profit dips by 187% in Q3 2019Â Â
Royal Exchange Plc has reported a 187% loss for the period ended 30 September 2019.Â
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Carbon to empower more start-ups with new platformÂ
Carbon, one of Nigeria’s foremost digital financial services company, has launched a digital financial services platform, Carbon for Business.
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Defunct Savannah Bank not yet liquidated – NDIC clarifiesÂ
The MD/Chief Executive of NDIC, Alhaji Umaru Ibrahim, has clarified that the defunct Savannah Bank still has a license to operate...
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Nigeria’s External Reserves plunge to $40.3 billion as devaluation concerns brew
Nigeria’s External Reserves plunge to $40.03 billion as devaluation concerns brew
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FBN Holdings releases 9 months 2019 Results, PBT increased by 17% to N60 billion
FBN Holdings (FBNH) has posted its nine months unaudited results ended September 30, as it boosted its Profit after Tax by 15.3%.
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Savannah Petroleum secures $5 million initial tranche loan
Savannah Petroleum Plc has disclosed that it had obtained a $74 million unsecured loan facility.
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CBN disagrees with IMF, says land border closure boosting local productionÂ
The CBN has disagreed with the International Monetary Fund (IMF) on the impact of the closure of Nigerian land borders.
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Mouka @ 60, restates commitment to quality brandÂ
Mouka has restated its commitment to brand quality and market leadership as it celebrates its 60th anniversary.
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MTN’s USSD charge: Banks’ CEOs reactÂ
The Body of Banks’ Chief Executive Officers has cleared the air on the controversial USSD charges initiated by MTN Nigeria.
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Recovered $104 million Abacha loot was spent on the poor, says FGÂ
The Federal Government (FG) has disclosed how the recovered $104 million Abacha loot was spent.
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