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Court Orders DSS To Release Suspended CBN Governor Emefiele
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The Federal Capital Territory (FCT) High Court in Abuja, on Thursday, ordered the Department of State Services (DSS) to either to charge the suspended...
Tourist Company of Nigeria’s Auditors Cast Doubt Over Company’s Future
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Tourist Company of Nigeria (TCN) Plc owners of the Federal Palace Hotel & Casino, said its auditors BDO Professional Services issued a disclaimer which...
Bears Resurface as Stocks Slide 2.5%
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Bears resurfaced on the Nigerian exchange as sell pressure on Dangote Cement (-9.6%), FBN Holding (-10.0%), and Access Corporation (-4.2%) dragged the NGX-ASI down...
President Tinubu Meets Members Of 1999 Governors, EFCC Chairman
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President Bola Tinubu on Wednesday held a meeting with the Class of 1999 Governors and the acting Chairman of the Economic and Financial Crimes...
Fuel Subsidy Removal: Tinubu Seeks Approval Of N500bn Palliatives From NASS
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President Bola Tinubu has written to the National Assembly(NASS) seeking amendment to the 2022 supplementary appropriation Act to allow the Federal Government source N500...
Banks Regain NGX30 Dominance With 41% of Profits
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The ten big banks on the benchmark posted a combined profit after tax (PAT) of N408.25 billion as at the first quarter of 2023,...
SEC Probes Otudeko’s 13.3% Share Acquisition in FBN Holdings
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The Securities and Exchange Commission (SEC) has commenced investigation into the recent acquisition of 13.3% shares worth 4.7 billion of FBN Holdings by a...
Senate Investigates NNPCL Subsidy Claims
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The Senate has constituted an ad hoc committee to investigate the fuel subsidy regime of the Nigerian National Petroleum Company Limited (NNPCL).
This followed the...
Drug Makers Attractive Valuations, a Cure for Value Investors’ Apathy
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Value investors who are oblivious of the equity market rally and have their monies parked in the bond market could be part of the...
OECD Says 27% Jobs At Risk From AI Revolution
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Over a quarter of jobs in the Organisation for Economic Co-operation and Development (OECD) rely on skills that could be easily automated in the...