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Coronavirus: We’re not shutting down operations – Union Bank

The Union Bank of Nigeria Plc, on Sunday, denied social media report that it would shut down its daily operations, beginning from March 23...

BUA Group acquires majority holding in construction company

BUA Group has acquired majority shareholding in P.W. Nigeria Ltd., one of Nigeria’s largest construction, engineering and mining companies.Abdul Samad Rabiu, Executive Chairman of...

COVID-19: UBA, Transcorp postpone 2019 AGMs

United Bank for Africa (UBA) and Transcorp have announced the cancellation of their 2019 Annual General Maeetings (AGMs) to prevent the spread of COVID-19. The...

BPE set to carry out 19 transactions in 2020, says DG

The Director-General, Bureau of Public Enterprises (BPE), Mr Alex Okoh, has reiterated the Bureau’s plan to carry out 19 transactions in 2020.A statement issued...

BOI raises €1bn from international capital market

Toward revitalising Nigeria’s industrial sector and creating 10 million jobs, the Bank of Industry (BOI) says it has raised €1 billion (approximately $1.11billion) from...

Shanghai records rapid growth in cross-border yuan use in 2 months March 20, 2020 3:17

Shanghai has recorded fast growth in the cross-border use of the Chinese yuan in the first two months of 2020, Central Bank data showed.According...

Domestic investors executed transactions worth N165.14bn in January – Uduk

The Securities and Exchange Commission (SEC), on Friday, said that domestic investors executed transactions worth N165.14 billion in the equities market in January.Ms Mary...

NDIC warns public against patronising wonder banks

The National Deposit Insurance Corporation (NDIC) has warned members of the public to stop patronising wonder banks that are offering mouth-watering interest rates.The Managing...

Oil price gains as investors wait to see if coronavirus stimulus works

Oil prices rose on Thursday but pared early gains as investors tried to assess how effective massive stimulus by central banks will be in...

Nigerians say reduction of petrol price timely

Some Nigerians on Thursday in Lagos commended the Federal Government for reducing the pump price of Premium Motor Spirit (PMS), otherwise known as petrol,...

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