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China rally Nigeria, 33 other countries in bilateral agreements

China has signed bilateral agreement with Nigeria and 33 other countries regarding the promotion and protection of investments, the Director-General, Regional Procurement, African Development [...]

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World Bank Rates Nigeria High On Ease Of Doing Business

The World Bank’s 2019 Doing Business Index (DBI) yesterday reported an improvement in Nigeria’s ease of doing business as the country moved from 51.52 to 52.89. The report is themed: ‘Doing [...]

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Nigeria to benefit from UK’s £1.2bn digital inclusion fund

Nigeria is set to benefit from £1.2bn intervention fund, which the British Government plans to pour into a number of countries to bridge access to communication. The Executive Vice Chairman, [...]

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Govt, banks urged to support SMEs, agric

The Managing Director and Chief Executive Officer of Heritage Bank, Mr Ifie Sekibo, has called on financial institutions and the three tiers of government to support agriculture and small and [...]

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Dearth of data undermines growth of actuarial practice — experts

THE dearth of data in the insurance industry is undermining the growth of actuarial services in the sector leading to under-pricing of risks. Speaking to Insurance Vanguard, President of the [...]

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POS TRANSACTIONS RISE BY 57% TO N1.6TR IN Q3’18

Value of Point of Sale (PoS) transactions grew by 57 percent quarter-on-quarter, QoQ, to N1.6 trillion in the third quarter of 2018, Q3’18, from N1.02 trillion in Q2’18, while Nigerians opened [...]

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BANKS LOSE N12.06 BILLION THROUGH FRAUDULENT TRANSACTIONS IN 6 MONTHS – CBN

The Central Bank of Nigeria (CBN) has revealed that commercial banks in the country lost a total of N12.06 billion to fraud and forgeries in the first six months of 2018. This is just as the [...]

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FED GOVT PAYS N16B TSA COST IN TWO YEARS

The Federal Government has spent spent N16 billion on Treasury Single Account (TSA) transaction costs in two years, Accountant-General of the Federation (AGF) Ahmed Idris has said. He said the [...]

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EMBRACE PARTNERSHIPS IN YOUR QUEST FOR BUSINESS SUCCESS

Managing Director and Chief Executive Officer of Heritage Bank Limited, Mr. Ifie Sekibo, has advised entrepreneurs and youths to embrace partnerships in their quest to succeed in business. He [...]

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NIGERIA TO ATTRACT NEW INVESTORS AS AFRICA OIL WEEK OPENS IN SOUTH AFRICA

Nigeria is set to attract new investors into its oil and gas industry as the Africa Oil Week, AOW, opens in Cape Town, South Africa today. The programme of the event obtained by Vanguard [...]

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