Business/Finance
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8 banks, 18 others, fined N125 million by Nigerian Exchange
At least eight banks and 18 other listed companies have been fined N125million for failing to file their 2022 audited…
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NDDC signs deal with KPMG to boost internal processes
The Niger Delta Development Commission, NDDC, has signed an agreement with KPMG, a multinational business management consultancy firm, to provide…
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Banks lose N9.5bn to e-fraud in 2023
The banking industry has so far lost N9.5 billion to electronic fraud in 2023, reports Vanguard. Meanwhile the Nigeria…
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3 Nigerian business moguls among top 17 richest black people on earth
Despite economic headwinds that affected Nigeria’s economy, three Nigerians have appeared in the list of richest black people on earth.…
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Fidelity Bank distributes food packs to Benue IDPs
Leading financial institution, Fidelity Bank Plc, has distributed over 1,200 food packs to the internally Displaced Persons in Makurdi, Benue…
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NGX, CIS, ASHON to partner MOFI to boost FG’s assets to over N100tn in 10years
Nigerian Exchange Limited (NGX), the Chartered Institute of Stockbrokers and the Association of Securities Dealing Houses of Nigeria (ASHON), have…
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Clash of Titans: Otudeko, Otedola feud at centre of fractious FBN AGM
The billionaires’ fight for the control of Nigeria’s oldest financial services group – FBN Holdings (FBNH) Plc – is set…
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UK to deepen investment relationship with NGX
The United Kingdom through its Foreign, Commonwealth and Development Office (FCDO) has stated that it will continue to focus on…
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GlaxoSmithKline Group to shut down operations in Nigeria
GlaxoSmithKline Plc (GSK), a British multinational drug maker and biotechnology company, has announced its intention to end operations in Nigeria.…
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Impressive earnings boost NGX market cap up by N1.8trn in July
Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend…
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