Business

The Nigeria Police, in a report, has absolved the Dangote Transport Company of any fault in a accident involving one of its Howo trucks, which collided with an 18-seater Toyota bus belonging to the Gombe State Transport Company, at Gazok village, Farin-Lamba, Vwang District of Jos South Local Government Area, Plateau State, on Friday, August 3. According to the police …

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The nation’s total energy provider, Conoil Plc has lived up to its pledge to maintain a growth momentum as the company’s recorded impressive performance in the first half of this year with profit soaring by 29 per cent to N809.78 million. The unaudited half year report of the company released by the Nigerian Stock Exchange (NSE) showed that notwithstanding the …

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The Federal Executive Council has approved the acquisition of 150 million-dollar World Bank credit facility to support polio eradication in Nigeria. Finance Minister Kemi Adeosun made the disclosure while briefing State House correspondents shortly after the FEC meeting, presided over by the Acting President, Prof. Yemi Osinbajo, on Wednesday in Abuja. She said that the additional financing would consolidate previous …

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Photo Caption: From Left; Minister of Sports and Youth Development, Mr. Solomon Dalong; Minister of Finance, Mrs. Kemi Adeosun and the Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, during the Federal Executive Council (FEC) meeting presided over by Acting President Yemi Osinbajo at the Aso Chambers, State House, Abuja, on Wednesday, 8th August, 2018. 

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The Acting Director-General of the Securities and Exchange Commission (SEC) , Ms Mary Uduk has applauded the Nigerian Stock Exchange (NSE) for its doggedness and tenacity that culminated in the formal launch of Association of Securities Exchanges of Nigeria (ASEN) on Wednesday in Lagos. She described the part played by the Exchange as great, adding that it would improve efficiency, …

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Barring any unforeseen circumstances in the domestic economy, shareholders of C & I Leasing Plc will have course to smile at the end the current financial year as the company has promised to pay dividend to investors. Managing Director/Chief Executive Officer of C & I Leasing Plc, Mr. Andrew Otike-Odibi gave this assurance on Tuesday at the company’s ‘Facts Behind …

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The board of Staco Assurance Plc has assured investors, members of the insuring public and other stakeholders in the company that their investments are safe and intact, despite the recent change in the leadership of the company. The company also assured that the board had taken bold steps in laying down proper corporate governance procedures in line with global best …

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In a renewed effort to build public confidence as well as engender soundness and stability in the mortgage banking sub-sector, the Central Bank of Nigeria (CBN) has established a sub-committee on Ethics and Professionalism for Mortgage Bankers. The committee will ensure the settlement of disputes between mortgage banks and their customers on one hand and among the mortgage banks on …

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Dangote Group has assured the Niger State Government of its resolve to increase its investment in the state as a way to create employment opportunity for the youths, which will ultimately lead to real growth and economic development of the state. Dangote’s Group Executive Director, Eng. Ahmed Mansur who represented the President of the Group, Aliko Dangote at the ongoing …

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In continuation of its youth engagement program in tertiary institutions across the country, Ecobank will this Friday storm University of Calabar, Cross-River State with Ecobank Xpress Account Concert. A statement signed by Ikechukwu Kalu, Head, Consumer Marketing, Insights & Analytics, Ecobank Nigeria, stated that the campus concert will kick off at 4pm at the Malabo ground near the student union …

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