The Senate on Wednesday approved a $516 million syndicated loan request by President Bola Tinubu to fund the construction of Section 1, Phases 1A and 1B of the Sokoto–Badagry Super…
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Category: Economy
Zenith Bank targets Francophone growth with new Côte d’Ivoire subsidiary
Zenith Bank Plc has announced the opening of its Côte d’Ivoire subsidiary, marking a pivotal achievement in the Group’s Pan-African expansion strategy. The official opening ceremony, scheduled to hold on…
Read More Zenith Bank targets Francophone growth with new Côte d’Ivoire subsidiary
Reps approve Tinubu’s $516m loan request
The House of Representatives on Tuesday approved President Bola Tinubu’s request to borrow ($516,333,007) five hundred and sixteen million, three hundred and thirty-three thousand, seven US dollars in syndicated financing…
Read More Reps approve Tinubu’s $516m loan request
United Arab Emirates quits oil cartel Opec
The United Arab Emirates (UAE) has said it is quitting the Opec and Opec+ groups of major oil producing nations after nearly 60 years. The UAE said the decision reflected…
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Equities halt 14-day surge, shed N1.37 trillion on profit-taking in FirstHoldCo, Fidelity Bank, others
The Nigerian stock market halted its bullish rally on Monday after 14 consecutive sessions of gains, resulting in a loss of N1.365 trillion. The downturn was driven by profit-taking in…
Read More Equities halt 14-day surge, shed N1.37 trillion on profit-taking in FirstHoldCo, Fidelity Bank, others