SEC to strengthens capital market enforcement regime ~Yuguda

 “We need to restore investor confidence and attract the retail and young investor into the market. Thus, we will ensure strict enforcement of our rules and regulations, strengthen our enforcement regime and clamp down on illegal operators. READ DETAIL: &nb...

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Tiger Brands issues profit warning, board chairman to step down

Tiger Brands also said it would lose 302 million rand in the period from deferring food price increases as part of government regulations to protect consumers.   READ DETAILS...

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Malian President Keita resigns after military intervention

Malian President Ibrahim Boubacar Keita resigned from his post and dissolved parliament on Wednesday after he was detained by mutinous soldiers in a crisis that escalated following weeks of protests against his government.      READ DETAILS HE...

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GTB holds back dividends for GDRs holders due to dollar shortage

Guaranty Trust Bank (GTB) on Tuesday said payment of dividends to holders of its Global Depository Receipts (GDRs) has been delayed due to difficulties in sourcing dollars. Read details her...

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Banks burden with CRR, other charges, can’t reduce lending rate

Nigerian banks already burden with huge operational costs, including the world's highest Cash Reserves Ratio (CRR) regime and other regulatory charges are constrained to tinker with lending rate, a bank chief executive has said. Read details h...

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CHURCH BUSINESS: Managing work, family and the ministry

“Work-life balance is a concept that supports the efforts of employees to split their time and energy between work and the other important aspects of their lives. Work-life balance is a daily effort to make time for family, friends, community participation, spirituality, personal growth, self-care, and other personal activities, in addition to the demands of the workplace.” Read detai...

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UBA to pay interim dividend from H1 profits

Nigeria's United Bank for Africa (UBA) Plc on Friday said it will pay interim dividends from profits made in the first half of 2020 to its shareholders. Read also: UBA to pay interim dividend from H1 profi...

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Nigeria to get another $6.5 million Abacha loot from Ireland

Nigeria has reached a deal with the government of Ireland to return back to the West African country $6.5 million part of stolen money looted by former military dictator Sani Abacha. Read details h...

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Foreign investors unable to repatriate funds face 100% loss on Nigeria’s investment

The persistent dollar shortage and the inability of the Central Bank of Nigeria (CBN) to sell dollars to foreign Portfolio Investors (FPI) who want to repatriate their funds back to their home countries is causing stress among fund managers. The CBN governor, Godwin Emefiele had in June appealed to the FPI to be patient with […] Foreign investors unable to repatriate funds face 100% loss on Nigeria’s investme...

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Guinness Nigeria warehouse in Ikeja destroys by fire, loses millions of naira

Guinness Nigeria lost millions of naira worths of property and products on Thursday as their warehouse located on Wempco Road, Ogba, Ikeja area of Lagos was engulfed by strange fire. Read more...

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CBN monetarists decry government increased reliance on debt to finance budget

The Central Bank of Nigeria (CBN) monetarists are unhappy with the government persisted resorting to the accumulation of debt to finance its operations as it will further compound the country’s debt services and debt to revenue ratio.In their personal notes at the last Monetary Policy Committee (MPC) meeting published by the regulatory bank on Thursday, members said government must cut down on the cost of governance and inefficient spending by government agencies. Read more on: CBN monetarists decry government increased reliance on debt to...

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Osun State abolishes Aregbesola’s reforms in education, reverts to 6-3-3-4 system

Osun State on Wednesday finally abolished the last vestige of reforms in the state educational establishment by the immediate past administration as it reverts to the 6-3-3-4 educational system and abolished single school uniform for learners in the state schools.Commissioner for Information and Civic Orientation, Funke Egbemode, who broke the news said the decision by the state government was based on the recommendations of the Education Review White Paper on the restructuring and remodification of some education policies. Details click on link...

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Jumia says revenue drops 10% on impact of covid-19 lockdown

Jumia says revenue drops 10% on impact of covid-19 lockd...

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NNPC moves to raise equity stake in $2,8 bln AKK gas projects ~NGC Chief

NNPC moves to raise equity stake in $2,8 bln AKK gas projects ~NGC Ch...

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Nigeria to raise N150 bln via bonds on Aug 19 to fund budget gap

Nigeria to raise N150 bln via bonds on Aug 19 to fund budget ...

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Joe Biden chooses Kamala Harris as his running mate

Joe Biden chooses Kamala Harris as his running m...

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Moves to boost electricity supply: Siemens to upgrade 105 power stations, builds 70 new base

Moves to boost electricity supply: Siemens to upgrade 105 power stations, builds 70 new b...

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FMDQ chief hopeful new CAMA will drive capital inflow

FMDQ chief hopeful new CAMA will drive capital inf...

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CHURCH BUSINESS: Every leader needs communication skill

By Oludare Mayowa “What you say can preserve life or destroy it; so you must accept the consequences of your words.” - Proverbs 18:21 “Let my words and my thoughts be pleasing to you, LORD, because you are my mighty rock and my protector.” - Ps 19:14 Our words are so powerful; it can kill or bring to life, it can create deep wound or heal wounds. Our word can lift up souls or bring it down, it can encourage many, same way it can discourage many. It can draw people to us and also drives them away from us. Though no one can be adjudged master in...

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