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CBN approves N700bn bailout for Unity, Providus banks’ merger
The Central Bank of Nigeria (CBN) has approved a financial package of N700 billion to support the proposed merger between ...Dangote plans to sell 12.7% stake in refinery over liquidity issues – Fitch
Fitch Ratings, a credit rating agency, says Dangote Group plans to divest 12.75 percent stake in Dangote Petroleum Refinery over ...Ibrahim Puri, Sonny Iroche join Heirs Insurance Group as independent non-executive directors
Heirs Insurance Group (HIG) has announced the appointment of Ibrahim Puri and Sonny Iroche as Independent Non-Executive Directors of its ...CBN approves merger between Unity, Providus banks
The Central Bank of Nigeria (CBN) has granted approval for a financial accommodation to support the proposed merger between ...Customs’ll start Implementation of tax waiver on food items next week – CG
The Comptroller-General of Nigeria Customs Service, NCS, Bashir Adeyini, says customs will begin implementation of weaver of taxes on ...Billionaires Bezos, Zuckerberg, Musk, others lose $134bn in a day
Jeff Bezos loses $15bn in a single day leading massive $134billion stock slump for world’s 500 richest people including Mark ...Global stock markets tumble amid fears of US recession
Stocks around the world tumbled on Monday as worries intensified over a US recession, sparking a global market sell-off. The ...CONSUMER credit: 151 financial institutions express readiness to partner CREDICORP
The recently established Nigeria Consumer Credit Corporation (CREDICORP) will soon proceed with the disbursement of consumer credit to Nigerians. This ...Ecobank bank announces indefinite closure of branches
One of the major commercial banks in the country, Ecobank Plc, on Friday announced indefinite closure of its branches ...AfDB approves $500m fresh loan for Nigeria
The African Development Bank Group has approved a loan of $500m to the Federal Government to finance the first phase ...














