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Third Mainland Bridge closure: Fidelity Bank’s island branches to now close at 3pm

The management of Fidelity Bank has adjusted the closing time of all its branches within the Lagos Island, Ikoyi, Victoria Island and Lekki axis to 3pm. In a statement on

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Investors gain N18.2bn as NSE sustains bullish performance

    Investors gain N18.2bn as NSE sustains bullish performance

The Nigerian Stock Exchange (NSE) sustained the bullish performance on Wednesday trading session due to buying interest in shares belonging to Guaranty Trust Bank, Zenith Bank and International Breweries. Consequently,

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Apple now worth $2trn — higher than GDP of 48 African countries, including Nigeria, S’Africa

    Apple now worth $2trn — higher than GDP of 48 African countries, including Nigeria, S’Africa

Apple has become the first American company to be valued at $2 trillion. The company crossed the $2 trillion dollar mark on Wednesday after being the first in the world

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Ralph Mupita to succeed Shuter as MTN Group CEO

    Ralph Mupita to succeed Shuter as MTN Group CEO

MTN Group has announced that Ralph Mupita, its current chief financial officer, will assume duty as its president and chief executive officer from September 1, 2020. The appointment was announced

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REVEALED: FG spent 97% of Jan-May revenue on debt servicing

    REVEALED: FG spent 97% of Jan-May revenue on debt servicing

The federal government spent 97.5 percent of its January to May 2020 revenue on debt servicing. According to the 2021

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NESG: Nigeria’s debt service to revenue ratio is unsustainably high

    NESG: Nigeria’s debt service to revenue ratio is unsustainably high

The Nigerian Economic Summit Group (NESG) says the federal government’s debt service to revenue ratio is unsustainably high and thus

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GSI: Banks recovered N50.3m bad loans in nine days, says CBN

    GSI: Banks recovered N50.3m bad loans in nine days, says CBN

Kevin Amugo, director of financial policy and regulation at the Central Bank of Nigeria (CBN) said banks recovered N50.32 million

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Flour Mills plans bond issuance to refinance existing debt

    Flour Mills plans bond issuance to refinance existing debt

Flour Mills of Nigeria (FMN) says it will issue another bond within the next two months as part of its

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Report: World Bank delays approval for Nigeria’s $1.5bn loan over naira reforms

    Report: World Bank delays approval for Nigeria’s $1.5bn loan over naira reforms

The World Bank is delaying approval of Nigeria’s request for a $1.5 billion loan due to concerns over desired reforms,

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Investors lose N35bn as NSE opens week on bearish note

    Investors lose N35bn as NSE opens week on bearish note

The Nigerian Stock Exchange (NSE) recorded a bearish opening at the start of the week due to sell-pressure on shares

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