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Heineken sells off 100% stake in Nigerian Champions Breweries

HEINEKEN International, a global beverage giant, has completed the sale of its 86.5 per cent shareholding stake in the...
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How CBN’s interest rate hike threatens recapitalisation – Analysts

Experts have raised  concerns that the Central Bank of Nigeria's (CBN) bid to sustain interest rate hikes may throw...
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Analysis: Why companies’ profit margins shrank in Q1

ANALYSIS of the first quarter (Q1) financial statements of some corporate organisations and companies across various sectors of the...
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UBA fined N8m for violation of customer’s data privacy

THE United Bank of Africa (UBA) Plc has received a fine of N8 million for grossly violating a customer's...
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Latest World Bank loan pushes Nigeria’s debt to over N162trn

NIGERIA's public debt profile has further worsened to $110.48 billion, approximately N162.81 ‬trillion, following the approval of new sets...
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Nigeria loses over N16bn revenue daily from crude oil as production drops

THE Nigerian government has lost over N16 billion in revenue daily from crude oil production amounting to N1.62 trillion...
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