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Business
CBN releases guidelines for establishing payment service holding companies
The Central Bank of Nigeria (CBN) on Tuesday released guidelines for the establishment and regulation of Payments Service Holding…
Standard Chartered Bank records highest operating profit in five years
Standard Chartered PLC has released its financial results for the half year ending 30 June 2021, saying its Profit Before Tax grew…
Dangote Sugar Posts N131.95bn Revenue In H1
Dangote Sugar Refinery has posted N131.95 billion revenue in its audited financial results for the half year (H1) ended June 30,…
Zenith Bank GMD canvasses increased Impact Investing in Africa
Mr Ebenezer Onyeagwu, Group Managing Director/Chief Executive Officer, Zenith Bank Plc, has called for increased impact investing…
Petrol consumption jumps by 340 million litres in one month
Petrol consumption in Nigeria leaped by 340 million litres within a space of one month, figures released by the Nigerian National…
FCMB gets $50m from AfDB, increases lending to high impact businesses
Women empowered businesses and local enterprises involved in agribusiness, manufacturing, health care, and renewable energy will…
Cement: Dangote, BUA, Lafarge post 62% profit increase
Three of the largest cement manufacturers in Nigeria saw their combined profit before tax jump by 61.90 per cent in the first half…
Airtel Africa secures $200m investment from QIA
Airtel Africa Plc has announced that it has secured a $200m investment for its mobile money arm from Qatar Holding LLC.
This is…
Unity Bank posts N23.6bn gross earnings in H1
Unity Bank Plc has announced gross earnings of N23.6 billion for the six months ended June 30, representing an increase of four…
FG unveils 2020 corporate sustainable investment report
The Federal Government on Friday unveiled the 2020 Corporate Sustainable Investment Report (CSIR), aimed at providing key…