Friday, October 22, 2021
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    Samson Abayomi

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    Oil rises towards $72 on demand prospects

    Oil rose towards $72 a barrel on Friday, trading close to a two-year high as OPEC+ supply discipline and recovering demand countered concerns about...

    Nigeria’s construction industry seen grow by 3.9% in 2021

    Nigeria’s construction industry is due to grow by 3.9% in 2021 after a 7.7% decline in 2021, according to economic analyst GlobalData. The fall...

    Governor El-Rufai explains why he declared NLC President Wabba wanted

    Kaduna State Governor Nasir El-Rufai, has declared the National President of the Nigeria Labour Congress (NLC), Ayuba Wabba wanted, over a strike action that...

    Naira Swings Negative as Nigeria’s External Reserves Shed $204.40 Million

    The Nigerian local currency, Naira, swings negative at the Investors and Exporters Window as the nation’s external reserves shed US$204.40 million, according to Alpha...

    Zenith Bank Profit Tapered, Still Best in Class – Vetiva

    After a reported slide in its first quarter (Q1) gross earnings, analysts are expecting Zenith Bank Plc.’s profit expectation for the financial year 2021...

    Nigeria Wealth Fund targets $50 million equity for tech innovation fund using Sukuk Bonds Sale

    Looks to boost exposure to venture capital, European stocks The Nigeria Sovereign Investment Authority plans to raise equity capital and sell sukuk bonds this year...

    Cadbury Nigeria: Cold Earnings Debut Prompts Hold Rating

    Following the pandemic-induced economic stress in 2020, Cadbury Nigeria Plc. earnings record turnout cold as analyst observed subdued demand weighs heavily on product sales. In...

    Nigeria to Tackle Worsening Insecurity Crisis through NIN-SIM Synchronization

    In the just concluded week, President Muhammadu Buhari stated that the ongoing synchronization of the National Identification Number (NIN) with SIM cards (NIN-SIM) by...

    Miriam Olusanya is GTBank’s new Managing Director designate as Segun Agbaje Steps Down

    The coast is clear for Miriam Olusanya to be appointed as the new Managing Director and CEO of Nigeria’s commercial bank, Guarantee Trust Bank,...

    Nigeria can no longer function on administrative spending culture – budget minister

    Nigeria’s current trend of spending more money on running the government than on building new infrastructure is unsustainable, the country’s top budget oversight official...

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