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Banks Underperform as NGX 30 Profit Rises 32.43% to N2.05trillion
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For the first time in over a decade, the majority of banks are at the bottom of the NGX 30 Index profit growth pyramid...
Fidelity Bank Insiders Withdrew Deposits as Their Loan Exposure Rose
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Data about related party transactions in respect of entities controlled by Key insiders and Management Personnel shows that Fidelity Bank Insiders reduced their deposits...
Lack of Alternative Pipelines keep Nigeria Losing Billions to Oil Theft
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Crude theft and sabotage have long been problems in Nigeria, but 2021 saw record levels of theft according to data from the Nigerian National...
Obiano Left Anambra Much Better Than He Met It Data Shows
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Five years after being sworn in (on 17 March 2014) as the new Anambra State governor after the expiration of the Peter Obi second term Willie...
Nigerian Consumer Goods Manufacturers Ramp up Assets to Increase Sales
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Nigerian consumer goods manufacturers are taking advantage of the relaxation of lockdown measures and higher consumption capabilities to increasingly deploy fixed assets to generate...
GTCO Internet and Mobile Banking Surges on Introduction of Telco Charge Â
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Guaranty Trust Holding Company (GTCO) Plc has seen an increase in transactions on internet and mobile banking platforms which was buoyed by the introduction...
Guaranty Trust Holding Company Plc: Thriving in the Face of HeadwindsÂ
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Guaranty Trust Holding Company and other Nigerian banks walked murky waters in 2021, with the return on equity receding, even as they surmounted the...
Nigerian Manufacturers Reel as Ukraine-Russian War Rages
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Nigerian manufacturers who are already reeling from foreign exchange scarcity and inflationary pressures face imminent cost pressures as the sanctions slapped on Russia for...
Public Sector Leads N879bn Pension Contributions in 2021 For Second Straight Year
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Nigeria’s public sector employees were the major drivers of growth in the contributory Pensions scheme over the past 2 years, a sign of the...
Nigeria’s Oil Sector On the Brink as IOC’s Exit, Environmentalists Take Aim
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Nigeria’s oil and gas sector is facing one of its most challenging periods in history as moves by international majors (IOCs) to exit the...