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SEC Changes Rule On Filing Consent Letters, Executed Offer Document

SEC Changes Rule On Filing Consent Letters, Executed Offer Document   In a bid to accommodate changes made to the terms of a proposed transaction prior to approval, the Securities…

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Business

Nigeria’s Inflation Rate Drops To 11.37 Percent – NBS

Nigeria’s Inflation Rate Drops To 11.37 Percent – NBS   Nigeria inflation rate has dropped to 11.37 per cent in the month of January, reading a 0.07 percent points lower…

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Business

Nigerians To Access N10bn Credit From CreditRegistry, Others

Nigerians To Access N10bn Credit From CreditRegistry, Others   Nigerians can now access about N10 billion credit pledged by CreditRegistry, Access Bank and First Bank of Nigeria.  The Managing Director/Chief…

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Business

NSE Extends Winning Streak As Index Up 0.8%

NSE Extends Winning Streak As Index Up 0.8% The Nigerian Stock Exchange, NSE equity market opened the week on a positive note, extending gains from the previous week on the…

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Business

CBN To Combat N1.6trn Excess Liquidity In February Amidst Rising Business Confidence

CBN To Combat N1.6trn Excess Liquidity In February Amidst Rising Business Confidence   The Central Bank of Nigeria, CBN, is set to intensify its liquidity mop up efforts to deal…

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Business

Ambode Presents N852.318b Year 2019 Budget To House Of Assembly

Ambode Presents N852.318b Year 2019 Budget To House Of Assembly Lagos State Governor, Mr Akinwunmi Ambode on Tuesday presented the year 2019 budget proposal of N852.316billion to the House of…

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Business

Dollar Snaps 2-week Losing Streak As Hedge Funds Grow Bullish

Dollar Snaps 2-week Losing Streak As Hedge Funds Grow Bullish   The dollar edged higher on Monday, breaking a two-week losing streak as strong U.S. jobs data propped up the…

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Business

Naira Stable At N360.5 To Dollar At Parallel Market

Naira Stable At N360.5 To Dollar At Parallel Market   The Naira, on Thursday, traded flat at N360.5 to the dollar at the parallel market in Lagos. The Pound Sterling…

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Business

Nigeria Loses N197bn To Financial Services Fraud Annually —Osinbajo

Nigeria Loses N197bn To Financial Services Fraud Annually —Osinbajo   The Vice President, Prof. Yemi Osinbajo says Nigeria loses about N197 billion as cost of financial services fraud annually. The…

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Business

FG Mulls Entrepreneur Bank Bill — Osinbajo

FG Mulls Entrepreneur Bank Bill — Osinbajo Vice President Yemi Osinbajo says the Federal Government has plans to establish an Entrepreneur Bank to provide flexibility in provision of facilities to…

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