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Local Stock Market Down By 2.6%
The Nigeria Exchange Limited weakened by 2.6% on Tuesday as investors continue to rebalance their portfolios in order to reduce their risk in equity investments.
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MTN, Seplat, 16 Others Remit N330.9bn To Revenue Agencies In H1’22
Eighteen companies remitted N330.9 billion to revenue agencies in the first half of 2022, OduNews reports.
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Bulls Back On NASD OTC As Investors Gain N3.84bn
After witnessing a bearish trend last week, the NASD Over-the-Counter Securities Exchange was in bullish territory on Monday as investors recorded a N3.84 billion gain.
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WhatsApp Unveils New Privacy Features Where Users Can Now Prevent Screenshots, Leave Group Chats…
August 9 – Meta founder and CEO Mark Zuckerberg has announced three new privacy features that will soon be rolled out on WhatsApp. In a bid to increase the protection of its users, the…
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Oil Price Slides To $95/Barrel Amid Iran Nuclear Deal Talks
The price of Brent Crude fell by 1.3% to $95 per barrel amid ongoing talks to restore the nuclear deal in Iran.
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Stanbic IBTC Pension Managers Unveils ‘Make Extraordinary Happen’ Campaign
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has unveiled a marketing campaign to create further awareness of the pension scheme.
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Nigerians In Diaspora Remit $60.22bn In Three Years
The World Bank and Budget Office of the Federation says Nigerians abroad remitted $60.22 billion to the country within three years.
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NGX: Market Capitalisation Sheds N125bn
The Nigerian Exchange market closed on a negative note yesterday as selling pressure on the banking sectors persists.
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Buhari Grants Seplat’s Acquisition Of Exxon Mobil Shares
President Muhammadu Buhari has accented to Seplat Energy Plc's acquisition of all the share capital of Mobil Producing Nigeria Unlimited.
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2022 Edition Of The Annual Lagos International Trade Fair To Hold In November – LCCI
August 8 – Celebrated as Nigeria’s premier, oldest and largest international trade fair, this year’s edition of the Lagos International Trade Fair, tagged Trade Champions, will be held…
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Nigerian Pension Fund Administrators Pay N49.5 Billion Taxes In 3 Years
August 8 – Pension Fund Administrators (PFA) in Nigeria incurred a sum of N18.85 billion as income tax in 2021, a 15.6% increase compared to N16.31 billion spent in the previous year,…
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LIRS Partners Deloitte To Boost Transparency, Accountability
The Lagos State Internal Revenue Service (LIRS) has partnered with audit firm Deloitte Nigeria to deepen transparency, and accountability and uphold a high standard in the…
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Nigeria Flares $441.2m Worth Of Gas In H1’22
Gas flaring in Nigeria increased in the first half of 2022 as the worth of gas flared stands at $441.2 million between January and June 30, 2022, OduNews reports.
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NASD OTC Investors Lose N30bn
Investors at the NASD over-the-counter (OTC) securities exchange recorded about N30bn loss last week - the 31st week of trading in 2022. Investors at the NASD over-the-counter (OTC)…
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Jaiz Bank Half-year Profit Grows By 27.6%
Jaiz Bank Plc recorded a 27.6% increase in Profit After Tax (PAT) from N1.99 billion declared in June 2021 to N2.54 billion at the end of June 2022.
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Banks’ Deposits With CBN Surge By 12%
Bank's deposits with the Central Bank of Nigeria continued to witness exponential growth hitting 12 per cent Year-on-Year (YoY) as of the end of July 2022.
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Ecobank Gifts 100 Customers N50,000 Each In Super Rewards Season 3
Ecobank Nigeria has announced the names of 100 customers who won N50,0000 each in the ongoing Super Rewards season 3 monthly draw.
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NGX Group Records N4.2bn Gross Earnings In H1’22
The Nigerian Exchange Group Plc (NGX Group) recorded N4.2 billion in gross earnings in the first half of 2022, OduNews reports.
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Reports On Sale Of Polaris Bank False – Management
The management of Polaris Bank has denied reports making rounds that it is about to be sold by the Central Bank of Nigeria.
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FirstBank Says Head Office, Branch Not Sealed
The management of FirstBank of Nigeria has debunked the reports that its head office and branch in Abuja have been sealed.
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