Business & Finance
‘Stock market’ FUGAZ capitalization declines by N58 billion combined during the week
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 2.41% to...
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‘Apt and in line’ NOVA Merchant Bank to host Nigerian banks’ chief audit officers
A leading merchant bank in Nigeria, NOVA Merchant Bank, will be hosting the Association of Chief Audit Executives of Banks...
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‘FirstBank stays strong’ GTCO, Access Bank, others lose combined market value of N28 billion in one day
The Nigerian Exchange Group (NGX) closes negative for the second consecutive trading day, quoted Tier-1 banks lost a combined market...
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‘No quick fixes’ Why Nigerian real estate must embrace global decarbonisation
In an increasingly challenging and volatile ecosystem, where more than 60% of carbon emissions within cities typically come from buildings,...
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‘For $37 million’ Access Bank to acquire Kenya’s Sidian Bank after 83.4% stake in Centum Investment
Access Bank Holdings Plc has announced that its wholly-owned subsidiary, Access Bank Plc has entered into a binding agreement with...
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‘Up to 76%!’ Southern Sun Ikoyi Hotels goes for $30.4 million
South Africa’s Southern Sun Africa (SSA) is disposing of its 75.55% majority shareholding in Southern Sun Ikoyi Hotels, one of...
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‘$15.6 billion’ FG says Abidjan-Lagos highway to benefit 40 million commuters
The Federal Government says that the construction of the 1,028kilometre Abidjan-Lagos highway is expected to benefit at least 40 million...
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‘Come clean!’ FG demands explanation over indiscriminate, unauthorised ALAT accounts
The Federal Competition and Consumer Protection Commission (FCCPC) has asked Wema Bank to respond to the numerous allegations of sending...
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‘Forces behind’ Shareholders trouble over TTB’s majority stake in Union Bank
Some minority shareholders of Union Bank Plc have expressed worry over the acquisition of the over 100 years old bank...
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‘At your own risk!’ Cenbank exonerates commercial banks from failed transaction losses
The Central Bank of Nigeria (CBN) has asked Nigerian banks to collect indemnities from their customers for highly secured online...
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