Tuesday, December 1, 2020
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NSE migrates four companies to growth board

    NSE migrates four companies to growth board

The Nigerian Stock Exchange (NSE) says it has migrated four companies from alternative securities market (ASeM) to growth board. The four companies — Chellarams Plc, Living Trust Mortgage Plc, McNichols

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Zainab Ahmed: FG granted N341bn waivers in 3 years

    Zainab Ahmed: FG granted N341bn waivers in 3 years

Zainab Ahmed, the minister of finance, budget and national planning, says the federal government (FG) conceded N341.94 billion worth of waivers from August 2017 to August 2019. Ahmed said that

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Lai: FG paid 2,186 companies under payroll support scheme

    Lai: FG paid 2,186 companies under payroll support scheme

The federal government says it has paid 2,186 companies that has a total of 12,117 employees under its payroll support scheme as part of efforts to mitigate effects of COVID-19

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Nnamdi Okonkwo named banking sector CEO of the decade

    Nnamdi Okonkwo named banking sector CEO of the decade

Nnamdi Okonkwo, the managing director of Fidelity Bank, has been named the banking sector CEO of the decade at the recently held BusinessDay Banks and Other Financial Institutions (BAFI) Awards.

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Naira weakens at N500/$1 in parallel market after CBN adjustment

    Naira weakens at N500/$1 in parallel market after CBN adjustment

The naira, on Monday, weakened further at N500 to the dollar in the parallel after the Central Bank of Nigeria

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‘Farmers smiling to the bank’ — Ortom asks Buhari not to reverse ban on rice importation

    ‘Farmers smiling to the bank’ — Ortom asks Buhari not to reverse ban on rice importation

Samuel Ortom, governor of Benue state, has asked President Muhammadu Buhari not to reverse the ban on rice importation. Speaking

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CBN relaxes rules on foreign remittances, dom accounts

    CBN relaxes rules on foreign remittances, dom accounts

The Central Bank of Nigeria (CBN) has announced that beneficiaries of diaspora remittances through the international monetary transfer operators (IMTO)

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EFCC re-arraigns First Nation Airways MD over alleged N2.1bn fraud

    EFCC re-arraigns First Nation Airways MD over alleged N2.1bn fraud

The Economic and Financial Crimes Commission (EFCC) has re-arraigned Kayode Odukoya, managing director of First Nation Airways, over an alleged

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Nigeria’s half-year export earnings slump 37 percent on declining oil price

    Nigeria’s half-year export earnings slump 37 percent on declining oil price

Nigeria, Africa’s biggest economy, recorded a 37 percent drop in half-year (H1 2020) export earnings at $19.72 billion from $31.55

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Power outage as national grid collapses

    Power outage as national grid collapses

The national electricity grid has collapsed, leading to power outage across the country. Abdulazeez Abdullahi, head of corporate communication of

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