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Lagos Directs JSS3 NECO Students to Resume Monday

The Lagos State government has directed the JSS3 students who are registered for National Examination Council (NECO) Basic Education Certificate Examination (BECE) to resume...

Hundreds Wounded as Huge Explosion Rips Through Lebanon’s Beirut

Hundreds of people have been wounded in a powerful explosion that ripped through Lebanon's capital, Beirut, according to the country's health minister. The massive explosion...

MTN Nigeria Data Revenues Surge 49% on Lockdown Data Boom

Even as the coronavirus pummels the Nigerian economy, a boom in data usage lifted MTN Nigeria’s data revenues by 49 percent in the first...

UBA Dismisses False Reports on NITEL Indictment, Sponsors to be Held Accountable

Tier One Lender United Bank for Africa (UBA) has dismissed false allegations that some of its principal officers were indicted by the National Assembly...

FBN Holdings Divests Insurance Stake to Sanlam for N24.6 billion

FBN Holdings Plc sold its stake in FBN Insurance to Sanlam Emerging Markets (Proprietary) Limited (Sanlam) for a total consideration of N24.62 billion. The sale...

Honeywell Flour’s Net Income Surges 1722.2% On Lower Commodity Price, Border Closure

Honeywell Flour Nigeria Plc’s profit has hit more than a decade high, an unprecedented stellar performance that can be largely attributed to lower commodity...

Seplat Oil Hedges Net $6.6 million Mark-to-Market Gains in H1

Seplat Petroleum Development Company said following the oil price crash at the end of the first quarter (Q1) of 2020 and in line with...

Okomu Earnings Surge 30% on Domestic Sales

Okomu Oil just announced a 30 percent year on year (YoY) growth in earnings to N2 billion in its second quarter (Q2) 2020 unaudited...

Customers Fume as New Stanbic Super App Fails to Work

Stanbic IBTC Bank has introduced a new Banking super App but it seems things have not proceeded as planned. The new Application which Stanbic calls...

Total’s Unpaid Subsidy Claims Surge to N15.4bn as Losses Mount

Total Nigeria’s outstanding subsidy and other receivables surged by 56 percent to N15.4 billion in June 2020, from N9.9 billion in December 2019, as...

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