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Consumer goods company Toleram acquire Guinness Nigeria majority stake

Tolaram has agreed to buy Diageo's 58.02% ownership of Guinness Nigeria and to establish long-term licensing and royalty agreementsThis means the new buyer will...

CBN speaks on withdrawing licenses of Union, Keystone, Polaris, others

The banking public has once again been assured by the CBN of the security of their money and the tenacity of the banking systemCBN’s...

Naira to appreciate as report exposes 3 sources where dollars will come from

Based on recent data from the CBN, there were plenty of dollars in the Nigerian market in the last three months of the year...

Naira moves to recover after NNPC secures new oil deal with Afreximbank

Friday saw a flat change in the value of the naira for the week as new oil facilities valued at $925 million bolstered foreign...

“CBN is part of the problem”: Shareholders of Heritage Bank speak on how to recover customers' money

A few minority shareholders have requested that the board and management of the now-defunct Heritage Bank be looked intoThe National Coordinator of the Progressive...

Strike: Banking activities, train services grounded in Lagos

The nationwide strike called by organised labour has grounded train services and banking activities in Lagos, as affiliates of the Nigerian Labour Congress (NLC)...

H1 2023: Zenith Bank delivers phenomenal triple-digit growth

According to the bank’s audited half-year financial results presented to the Nigerian Exchange (NGX) on Monday, 11th September 2023, the triple-digit growth in the...

Seven banks receive 6.9m customer complaints in 2022.

Seven Nigerian banks have reported receiving a massive 6.9 million customer complaints in 2022.This represents a significant increase of 54% or 2.42 million complaints...

CIBN to establish banking school to boost graduate’s employability skills

The Chartered Institute of Bankers of Nigeria (CIBN), says plans are underway to establish a Banking School to train and equip graduates to become...

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