Business

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Naira depreciation: 5 strategies to protect your finances

Naira depreciation: 5 strategies to protect your finances

When a currency like the Naira undergoes depreciation, it signals economic challenges that can impact individuals and businesses alike. Understanding…
Yesufu family accuses Police of failing to prosecute Bilikisu Ishaqu Aliyu, Abuja notorious land grabber

Yesufu family accuses Police of failing to prosecute Bilikisu Ishaqu Aliyu, Abuja notorious land grabber

Yesufu family accuses Police of failing to prosecute Bilikisu Ishaqu Aliyu, Abuja notorious land grabber Investigation Uncovers IGP’s Alleged Involvement…
NNPC seeks $2bn oil-backed loan to finance operations

NNPC seeks $2bn oil-backed loan to finance operations

The Nigerian National Petroleum Corporation, NNPC, Ltd., said it has commenced moves to secure about $2 billion oil-backed loan to finance…
Manufacturing, transport sectors top major drivers of N41trn Lagos economy

Manufacturing, transport sectors top major drivers of N41trn Lagos economy

…as Sanwo-Olu seeks OPS collaboration, assures the enabling environment ….Lagos, world 19 best city to visit in 2024-UK Mag …sets…
UBA’s GMD appointed Chairman, CIBN Body of Banks’ CEOs

UBA’s GMD appointed Chairman, CIBN Body of Banks’ CEOs

Group Managing Director/Chief Executive Officer, United Bank for Africa, (UBA) Plc, Oliver Alawuba has been appointed as the Chairman of…
Banks’ borrowing from CBN skyrockets by 458% to N57.5trn

Banks’ borrowing from CBN skyrockets by 458% to N57.5trn

Banks’ borrowings from the Central Bank of Nigeria, CBN, Standing Lending Facility, SLF, increased Year-on-Year, YoY, by 458.2 percent to N57.5…
World Bank appoints new country director for Nigeria

World Bank appoints new country director for Nigeria

The World Bank yesterday appointed Dr. Ndiamé Diop as new Country Director for Nigeria. The bank in a statement said: “The…
Zenith Bank wins ‘Best Commercial Bank in Nigeria’ and ‘Best Corporate Governance’ awards

Zenith Bank wins ‘Best Commercial Bank in Nigeria’ and ‘Best Corporate Governance’ awards

Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award…
GTCO set to float N400bn public offer, targets acquisition

GTCO set to float N400bn public offer, targets acquisition

Guaranty Trust Holding Company,  GTCO Plc, has concluded arrangement to raise N400 billion fresh capital in pursuit of the Central Bank…
Foreign investments in manufacturing down 57.4% to N192bn in Q1’24

Foreign investments in manufacturing down 57.4% to N192bn in Q1’24

In apparent reflection of the harsh business environment in Nigeria over the past year, the inflow of foreign investments into the…
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