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Business
Sterling Bank sponsors training for 1,000 youths on NJFP
A Nigeria’s leading commercial bank, Sterling Bank Plc, has partnered with Nigeria Jubilee Fellows Program (NJFP) to sponsor 1,000 fellows during this year’s training program.
Managing Director and Chief Executive Officer (MD/CEO) of…
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Dangote Sugar commits billions to CSR schemes in Adamawa, Nasarawa
The Dangote Sugar Refinery Plc (DSR) has scaled up its social intervention programmes around host communities in Adamawa and Nasarawa States where its Backward Integration projects (BIP) are located.
The Group is investing hugely in raw…
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Nigeria’s inflation jumps to 20.52% in August
Nigerian inflation figures for August 2022 have risen to unprecedented level.
The figures rose to 20.52 per cent, which is 3.52 per cent higher when compared to the rate recorded in August 2021 at 17.01 per cent, the National Bureau of…
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Fertilizer coy flags off sales, distribution in LGAs of Jigawa
By Baba Aminu
A fertilizer company, Our Family Farm has flagged off sales and distribution of fertilizers for 2022 farming season in some local government areas of Jigawa State.
The local government areas include, Auyo, Hadejia, kafin…
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BREAKING: Fidelity Bank Plc to acquire Union Bank UK
Fidelity Bank Plc says it has entered a binding agreement to acquire a 100 percent equity stake in Union Bank UK Plc.
The bank said this in a corporate filing on the Nigerian Exchange Limited (NGX) signed by Ezinwa Unuigboje, the company…
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Dangote to save forex, through 40% sugar import substitution
…To employ 30,000 youths in Nasarawa
Dangote Sugar Refinery Plc has resolved to significantly reduce the importation of sugar into the country by 40 percent, thus paving the way for the employment of over 30,000 youths.
President of…
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CBN unveils eNaira USSD code in Kano
The Central Bank of Nigeria (CBN) has unveiled the Unstructured Supplementary Service Data (USSD) for its eNaira to enhance financial inclusion in the country.
The CBN Governor, Godwin Emefiele said this during the inauguration of the…
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Fidelity Bank bags award for best SME bank in Nigeria
One of the Nigeria’s foremost financial institutions, Fidelity Bank Plc has added yet another accolade to its burgeoning collection of awards.
This time, the Bank has been recognized as the ‘Best SME Bank in Nigeria’ by the Global…
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NSIA profit hits N154bn in 2021
The Nigeria Sovereign Investment Authority (NSIA), managers of Nigeria’s Sovereign Wealth Fund, penultimate week, released its audited results for the 2021 financial year with strong earnings amid a challenging global economic environment.…
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Titan Trust Bank completes takeover of Union Bank
“Union Bank hereby notifies Nigerian Exchange Limited (NGX), the Securities & Exchange Commission and members of the public of the completion of the transaction under the Share Sale and Purchase Agreement (SSPA).”
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