Business

NNPCL subsidiary NETCO records 137% increase in operating profit

The NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPCL), has announced a…

2 years ago

Equity market rebounds as investors gain N132bn

The performance indicators of the stock market rebounded by 0.24 per cent on Wednesday, June 5, 2024. The market capitalisation…

2 years ago

Liquidation: Heritage Bank customers throng head office for payment

Customers of the liquidated Heritage Bank Plc. gathered at the bank’s headquarters in Lagos on Wednesday, June 5, 2024 to…

2 years ago

MD: NDIC’ll repay Heritage Bank customers in one week

The Nigeria Deposit Insurance Corporation (NDIC) says it will begin payment of the insured sum to 2.3 million depositors of…

2 years ago

Again, investors lose N38bn at stock market

Sell-offs in Tier-one banking stocks on Tuesday, June 4, 2024, extended losses on the Nigerian Exchange Limited (NGX) stock market…

2 years ago

Naira drops at official market, exchanges N1,476/$

The naira, on Tuesday, June 4, 2024, recorded a loss at the official market, trading at N1,476.95 to the dollar.…

2 years ago

CBN: We’ve no plans to revoke Unity, Polaris, Keystone banks’ licences

The Central Bank of Nigeria (CBN) says it has no plans to revoke the licences of Unity Bank, Polaris Bank,…

2 years ago

Nigerian Breweries acquires Distell

Nigerian Breweries Plc has completed the acquisition of a majority stake (80 per cent) in Distell Wines and Spirits Nigeria…

2 years ago

First Bank wins Best SME Bank at Asian Banker Awards

First Bank has won two awards by emerging as Best SME Bank in Nigeria and Africa at the 2024 Asian…

2 years ago

NDIC begins liquidation of Heritage Bank

The Nigeria Deposit Insurance Corporation (NDIC) says it has started the liquidation process of Heritage Bank with immediate verification and…

2 years ago

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