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Thursday, October 29, 2020

Conoil Shareholders Approve N1.4 Billion Dividend

Conoil Plc shareholders has approved payment of N1.39 billion as cash dividend for the 2019 financial year ended December 31, 2019, amounting to a...

Stanbic IBTC Records N66 Billion Profit In Third Quarter of 2020

Stanbic IBTC Holdings Plc announced its financial results for the nine months ended September 30, 2020, showing increased in performance indicators, as profit after...

EndSARS Protest: Coronation Insurance Assures Clients of Quick Processing of Claims Payment

Coronation Insurance, formerly Wapic Insurance, has reassured victims of the #EndSARS protest, who bought insurance cover from the company, of speedy compensation through claims...

Ecobank Digital Series: Remittance is a Veritable Means to Alleviate Poverty in Nigeria– NIDO President

President, Nigerians in Diaspora Organisation (NIDO), New Jersey, Dr. Kazeem Bello, says remittances by Nigerians living abroad can be a veritable means to support poverty...

Access Bank To Support Nigerians with N50 Billion Interest-Free Facility 

Access Bank Nigeria Plc is set dole out N50 billion through interest-free loans and grants to support communities, the youths, and micro, small and medium-sized...

Wema Bank Encourages Customers To Remain Safe

Wema Bank, Nigeria’s long-standing indigenous bank is urging customers and all Nigerians to stay safe as a result of the recent unrest in the...

CBN Reviews Requirement For Banks’ CCO Appointment

The Central Bank of Nigeria (CBN) has reviewed the requirement for the appointment of chief compliance officers (CCOs) by banks. The central bank stated...

NDIC Hosts International Conference On Fintech Opportunities & Challenges

The Nigeria Deposit Insurance Corporation (NDIC) has taken the front seat in the international finance community to drive public discourse on the impact, risks,...

CBN Raises Concern Over COVID-19 Financing

The Central Bank of Nigeria (CBN) has advised all financial institutions to be abreast with emerging risks and other developments while taking proactive steps...

Shareholders Approves’ Delisting Of 11 Plc, Formerly Mobil Oil Nigeria From NSE

Shareholders of 11Plc, formerly Mobil Oil Nigeria Plc, have approved a resolution for the voluntary delisting of the downstream oil marketing company from the...

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Presidency Says Artisans Set To Receive N30,000 Grant

The Presidency on Tuesday said the payment of N30,000 one-time grant to 330,000 artisans across the country under the Economic Sustainability Plan has commenced. The...

CBN Purchasing Managers Index Hits Sixth Month Slow Growth

The Purchasing Managers Index for the manufacturing sector which started contracting in May recorded another contraction in October according to the Central Bank of...

Flour Mills Improves 2020 Half Year Profit By 68 Percent

Flour Mills of Nigeria (FMN) Plc, one of the leading integrated food business and agro-allied group has announced its unaudited results for the 2020/21...