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Nigerian airlines operating regional and international routes have been consistent with the repatriation of their funds from foreign lands
Strategic Capital Investment Limited (SCIL) wasted no time announcing its new Board to propel the bank into a new phase of growth
Dr. Ernest Azudialu Obiejesi, CEO of Nestoil Limited, was among the first few Nigerians who dared to set up shop in the Nigerian oil and gas industry
Some minority shareholders have frowned at the development, describing it as 'an illegality' for which they will seek redress
The CBN announced a landmark transaction to sell Polaris Bank to a strategic investors but this deal leaves more questions than answers
The CBN stated that SCIL has paid an upfront consideration of N50 billion to acquire 100% of the equity of Polaris Bank and "has accepted the terms of the agreement which include the full repayment of the sum of N1.305 trillion being the consideration bonds injected.
Nigeria’s tech ecosystem is expected to see an improved enabling environment in the near future
Assets under management for the industry as a whole was at N14.43 trillion as of 31 August, 72.94% of which was invested in various fixed-income securities.
This is the lowest level recorded this year according to checks by Nairametrics
Nigerians have continued to grapple with sustained food crises caused by supply chain disruptions, insecurity, low farm yields and flooding incidents
Fintech has continued to be the most attractive ecosystem for investors
This represents a 5.5% increase compared to the figure recorded during the comparable period in 2021