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Wema Overtakes FCMB in Market Value, Closes In on Fidelity Bank

Wema Bank has overtaken FCMB Group in market value and is closing the gap with Fidelity Bank, as investors pay a steep premium for the lender’s earnings growth amid...
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President Ruto Hails Dangote Refinery as a “Masterpiece” as Dangote Group Accelerates African Expansion and Targets $36 Billion Revenue

Bala Augie -
Kenyan President William Samoei Ruto has described the Dangote Petroleum Refinery as "a masterpiece of science, engineering and art"...
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Wema Overtakes FCMB in Market Value, Closes In on Fidelity Bank

Bala Augie -
Wema Bank has overtaken FCMB Group in market value and is closing the gap with Fidelity Bank, as investors...
Exclusive

Central Bank Expands OMO Allotments to ₦2.25 Trillion Across Long-Dated Instruments

Bala Augie -
The Central Bank of Nigeria (CBN) absorbed a massive liquidity wave at Thursday's Open Market Operations (OMO) auction, underpinned...
Energy

Nigeria’s Crude Output Hits Six-Year High of 1.74mbpd

Bala Augie -
A significant curb on oil theft and vandalism of facilities which underpinned production has helped catapult Nigeria crude output...
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Wema Bank CEO Oseni Buys 3.1 Million Shares Worth N98.9 Million

Bala Augie -
Wema Bank Plc Chief Executive Officer (CEO) Moruf Oseni has bought 3.09 million of the lender's shares, worth about...
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UAC to Sell its 43% DP World Stake to TGI Group’s 22 Plus Invest Limited

Bala Augie -
UAC of Nigeria PLC (UAC) has entered into an agreement to sell its 43% shareholding in DP World Logistics...
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UN Security Council Exclusion Of Africa Undermines Global Governance, Says Shettima

Vice President Kashim Shettima has said that Africa’s continued exclusion from permanent membership of the United Nations (UN) Security...
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Credit Guarantee Scheme Unlocked N46.95bn In Loans — Tinubu

Bala Augie -
President Bola Tinubu says the National Credit Guarantee Company (NCGC) has helped unlock N46.95 billion in loans during its...
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Stakeholders Express Concerns Over Self-service Fuel Stations

Bala Augie -
Stakeholders have expressed concerns over the future of petrol attendants whose jobs could be affected by the introduction of...
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Nigeria and U.S. Sign Bilateral Pact to Unlock $700 Billion Critical Minerals Sector

Bala Augie -
Nigeria and the United States (U.S.) have signed a bilateral mining investment framework agreement aimed at unlocking American capital...
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Cardoso Declares Macro Stability Victory as CBN Recalibrates Rate Curve

Bala Augie -
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso declared that Nigeria has achieved macroeconomic stability, providing the structural justification...
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CBN Cuts Monetary Policy Rate to 23.00% in Decisive Easing Pivot

Bala Augie -
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has executed a major monetary easing pivot,...

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