• NSE ASI Continues On Growth Track, Gains By 0.09%

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    The Nigerian equities market, yesterday gained 0.09 per cent to consolidate the marginal gain recorded the previous day into the second day in a row. In summary, lead indicator, the All-Share Index (ASI) gained 23.45 absolute points, representing a growth of 0.09 per cent to close at 25,265.08 points. Meanwhile, the market capitalization gained N2…

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  • Winners Emerge In Diamond Bank SavingsXtra Draw

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    More winners have emerged in the DiamondXtra draw where 41 lucky customers were rewarded with cash prizes and a star prize of a Hyundai SUV at the season eight grand finale draw held in Lagos. Speaking at the event which  held at the Oshodi branch of the bank, Head, Retail performance, Lagos/West district,  Chigozie Onyeocha…

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  • No Going Back On Power Sector Privatisation-Fashola

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    The minister of power, works and housing, Babatunde Raji Fashola, has said that the Buhari administration would not revoke any contract but would respect and honour every contract which the federal government was committed to. Addressing investors on the privatisation of the power sector at the 5th EU-Nigeria Business Summit in Lagos, yesterday, Fashola said …

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  • Heritage Bank Introduces Sunday Market

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    As part of its strategic plan of identifying and supporting micro, small and medium- scale enterprises (MSME) in the country, Heritage Bank Plc, Nigeria’s most innovative banking service provider, has introduced the Sunday Small Market in a bid to add value to its MSME customers. Speaking with journalists at the maiden edition held in Lagos…

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  • Osinbajo, Adesunloye To Grace FirstGem Launch

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    Wife of the Vice President, Mrs. Dolapo Osinbajo and the Minister of Finance, Mrs. Kemi Adeosun, are expected as Special Guests of Honour and keynote speakers at the launch of the First Bank of Nigeria Limited FirstGem Solution.The FirstGem Solution which is a dedicated bespoke solution for women-led undertakings and initiatives will hold in Lagos…

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  • FBN Holdings Profit Down By 3.5% To N57.5bn

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    FBN Holdings Plc’s nine months result posted on the Nigerian Stock Exchange yesterday shows that the financial conglomerate recorded a gross earnings of N417.3 billion and a profit before tax of N57.5 billion. The result showed a seven per cent improvement in gross earnings over N390 billion which it made in the comparable period of…

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  • Tony-Elumelu

    Elumelu Calls For Structured Philanthropy

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    The Founder of the Tony Elumelu Foundation and Chairman of United Bank for Africa Plc has called on  global stakeholders and influential Africans in the development world to embrace structured philanthropy in support of rising entrepreneurs with great potential, as a means to achieving sustainable development in Africa. Tony Elumelu, a champion of Africapitalism while…

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  • Bankers Seek Functional Judiciary To Tackle Rising NPLs

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    With the recent revelations and purges in the Nigerian judicial system, the Chartered Institute of Bankers of Nigeria (CIBN) has stressed the importance of a functional legal system in the recovery of bad loans that has plagued the banking industry. According to the President and Chairman of Council of the Institute, Professor Segun Ajibola, the…

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