Business

In a bid to salvage the sum of N888,301,598.15 alleged to have been taken illegally from the covers of WEMA BANK PLC,the bank has dragged twenty- six financial institutions as defendants before a Federal high court in Lagos urging the court to issue a preservative order urging the banks to salvage the unauthorized withdrawal funds.

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The Securities and Exchange Commission has warned the general public against investing in unregistered investment schemes including Promiseland Estates Limited and Promiseland Building & Construction Limited which hold themselves out as Investment Advisers/Fund Managers in the Nigerian Capital Market and promote an illegal investment scheme called “PRO-VEST” and MY SHARE operating under the name; UYJ MULTITRADE LIMITED.

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Leadway Group, one of Nigeria's foremost non-banking financial services provider, has proudly announced its sponsorship of the 2025 edition of the +234Art Fair for the second consecutive year.

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The Bayelsa State Government has set up a five-man committee to look into the protracted chieftaincy dispute in Polaku Community in the Yenagoa Local Government Area of the state.

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Union Bank, Nigeria’s leading financial institution, recently rewarded 452 UnionKorrect account holders with over N21 million during draws held at its Douglas Road Branch in Owerri, Imo State.

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The Minister of Women Affairs, Hajia Imaan Sulaiman -Ibrahim has called on all stakeholders to take immediate and decisive action in empowering women through financial literacy and inclusion.

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The Pan African Conglomerate Dangote Industries Limited, (Dangote Group), and its subsidiaries has disclosed that it paid over N402 billion in taxes in 2024, making it the highest taxpayer in the country.

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Wema Bank Plc's market value suffered a significant decline on Wednesday as a wave of sell-offs pushed its share price down by 8.33% to ₦11 on the Nigerian Exchange (NGX).

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… Pays N2.40K Total Dividend Per Share United Capital Plc has announced its impressive financial results for the 2024 fiscal year, marking a seven-year growth trajectory. The company’s Profit After Tax (PAT) surged by 111.03% to N24.10 billion, up from N11.42 billion in 2023. Key Highlights: – Gross earnings increased by 82.50% due to income from loans, dividend income, and …

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BudgIT, a leading civic-tech organisation promoting transparency and accountability in public finance management, and Connected Development (CODE), a non-profit organisation promoting citizens' engagement and good governance, are pleased to announce a joint project to implement a groundbreaking initiative to strengthen locally-led development across Africa.

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