Pan African financial Institution, United Bank for Africa during the weekend held a Micro Small and Medium Enterprises (MSME) capacity training in Onitsha where about 400 small and medium scale business entrepreneurs in Onitsha, Anambra State, benefitted immensely from the impactful training. The beneficiaries were trained in record keeping, cost reduction, stock compiling, financial and […]
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The federal government of Nigeria has directed the Nigerian National Petroleum Corporation (NNPC) to reduce the ex-coastal and ex-depot prices of Premium Motor Spirit (PMS) to reflect current market realities. In a statement signed by Timipre Sylva, the minister of state for petroleum resources, the federal government said Petroleum Products Pricing Regulatory Agency (PPPRA) should modulate pricing […]
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As the COVID-19 outbreak escalates, our focus has been on keeping people safe and informed by making sure everyone has accurate information, supporting global health experts and stopping misinformation. Our thoughts, like everyone’s, are with our loved ones and our communities and all of those impacted around the world. In recent weeks, we have seen […]
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This Spring, following the record-breaking results achieved in October 2019, Sotheby’s auction of Modern and Contemporary African Art (https://bit.ly/2wVm3Sv) will return to London for a fifth consecutive season. Since the inauguration of the series in 2017, Sotheby’s (www.Sothebys.com) sales in the category have achieved more than sixty world records, championing the work of artists across […]
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The Petroleum Products Pricing Regulatory Agency (PPPRA) says, Open Market price of Premium Motor Spirit( PMS) also known as petrol, in the Nigerian market has dropped to N114.53 per litre. The Agency disclosed this in the data for PMS price for Tuesday, March 10, from the Pricing Template for the commodity, released in Abuja, on […]
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NOVA Merchant Bank Limited has released its audited results for the financial year ended December 31st, 2019, recording impressive performances across its major financial lines. Specifically, the Bank declared a profit after tax of N1.65 billion for the 2019 financial year representing an impressive 44% growth compared to N1.15bn recorded at the end of the 2018 financial […]
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As oil prices sank about 14 percent last week alone and the Brent hit a twelve-month low on the back of the coronavirus outbreak, the Organization of Petroleum Exporting Countries (OPEC) is meeting in Vienna this week to help stabilize the market. Executive Chairman of the African Energy Chamber (https://EnergyChamber.org/) Nj Ayuk was on Deutsche […]
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The Federal Inland Revenue Service (FIRS) said it would rake in four trillion naira as tax revenue from the extractive sector of the Nigerian economy in the 2020 fiscal year. The FIRS made this known in a statement issued by Abdullahi Ahmad, Director, Communications and Liaison Department in the service in Abuja on Tuesday. The […]
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Guaranty Trust Bank plc has released its audited financial results for the year ended December 31, 2019 to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria. Profit before […]
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At a ceremony marking the refurbishment of Afriland Towers, the state-of-the-art office building, the Governor of Lagos State, His Excellency Mr. Babajde Sanwo-Olu praised Afriland Properties Plc for the successful renovation and commissioning of the world-class 8-floor office complex – Afriland Towers on Friday, with dignitaries including the Oba of Lagos, HRH Rilwan Aremu Akiolu […]
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