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Companies

Google Parent Announces First-Ever Dividend; Shares Soar

Google's parent company Alphabet announced its first-ever dividend Thursday and a $70 billion stock buyback, prompting investors to send the stock surging nearly 16% after the closing bell. Alphabet is...

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Google Parent Announces First-Ever Dividend; Shares Soar

Editor -
Google's parent company Alphabet announced its first-ever dividend Thursday and a $70 billion stock buyback, prompting investors to send...
Companies

Foremost Banker, Jim Ovia Appointed Chairman of Nigerian Education Loan Fund by President Tinubu

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President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR,...
Economy

Nigeria Plans $10 Billion Diaspora Fund to Attract Dollar Remmitances

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Nigeria is planning to set up a $10 billion diaspora fund to attract investment from its citizens living abroad...
Markets

Why Julius Berger is Preferred Contractor – LASG

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...as company gets contract to rehabilitate 10-storey General Hospital Lagos State Commissioner for Health, Prof  Akin Abayomi has explained why...
Energy

NNPC Signs Deal To Build 100,000bpd Refining Plant Within PH Refinery

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The Nigerian National Petroleum Company Limited (NNPC) yesterday signed a contract with African Refinery Port Harcourt Limited (ARPHL) to build a 100,000bpd...
Companies

Ikeja Hotel Surges to Record on Growing Occupancy, Returns to Pre-pandemic Levels

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Ikeja Hotel Plc has posted record profit in the first quarter of 2024 propelled by growing occupancy return to...

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Nigeria Plans $10 Billion Diaspora Fund to Attract Dollar Remmitances

Nigeria is planning to set up a $10 billion diaspora fund to attract investment from its citizens living abroad...
Economy

CBN Partners Money Transfer Companies in Bid to Double Remittances to Nigeria

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The Central Bank of Nigeria (CBN) has secured the cooperation of some International Money Tranfer Organisations (IMTOs) to double...
Economy

Nigeria Set To Receive Fresh $2.2bn World Bank Loan – Edun

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The Federal Government is set to receive around $2.2 billion single-digit interest loan from the World bank and another...
Economy

FAAC Shares N1.1trn March 2024 Revenue To FG, States, LGCs

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The Federation Account Allocation Committee (FAAC) on Friday shared a total sum of N1.123 trillion March 2024 Federation Account...
Economy

Banks Keep N17.26trn With CBN as Monetary Tightening Restricts Lending

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Monetary tightening by the Central Bank of Nigeria (CBN) is restricting lenders from extending credit to support an ailing...
Economy

Nigeria’s Inflation Rate Surges to 33.2% in March

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Nigeria’s headline inflation rate reached 33.2 percent in March 2024. This represents a 1.5 percentage points year-on-year (YoY) increase...

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