Saturday, February 4, 2023
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Anambra gov’t sealed off the Nigeria Police Force facility, about 25 banks and hotels over failure to pay taxes

Governor Chukwuma Soludo of Anambra State has reportedly sealed off the Nigeria Police Force facility and about 25 banks and hotels operating within Awka, the state capital, over failure to pay their taxes and levies to the state government. The...

Fidelity Bank assures customers of cash payment

The management of Fidelity Bank Plc has assured customers of cash payment across all its branches nationwide. Head of Corporate Communication of the bank, Dr. Meksley Nwagboh said this in a statement issued by the bank today. He said, "Our customers...

Stanbic IBTC Bank Nigeria PMI: Employment growth quickens amid efforts to deal with workloads

The Nigerian private sector registered a slight loss of growth momentum in January. Output and new business continued to rise markedly, but at softer rates than at the end of 2022. On a more positive note, firms raised...

IFC Partners Nigeria’s Union Bank to Support Trade, SMEs

To boost access to finance for smaller businesses in Nigeria and to support increased trade, IFC today announced a partnership with Union Bank of Nigeria Plc to help the bank expand lending to hundreds of businesses operating in critical...

Dangote, Sinoma Sign Agreement On new 6Mta Cement Plant In Itori, Ogun State

Dangote Industries Limited (DIL) has signed an agreement with China Sinoma International Engineering to build a six million tons per annum cement plant in Itori, Ogun State. The agreement was signed by the Chairman of Dangote Cement Plc, Aliko...

Fidelity grows profit to N52 billion for FY 2022

Fidelity Bank Plc has announced an impressive growth in Profit Before Tax to N52 bn for the Full Year 2022. This was made known in the Bank’s unaudited statement of account presented to the Nigerian Exchange (NGX) on...

UBA Appoints Abiola Bawuah As First Female CEO For Africa Operations

▪️Announces Six other Executive Appointments ▪️Samuel Oni Retires from the Group Board The Board of Directors of the United Bank for Africa Plc, Africa’s Global Bank, today announces the appointment of Mrs. Abiola Bawuah, as Chief Executive...

Debts upon debts! Supreme Court rules against Honeywell Flour, as firm struggles with N67.02bn loans

Ten months after Flour Mills of Nigeria (FMN) acquired a majority stake in Honeywell Flour, the former is on the verge of losing some assets owned by the latter to Ecobank. Ripples Nigeria had reported that Flour Mills acquired a...

Stocks to watch: Flour Mills risk losing Honeywell’s assets, Unilever’s battle to save revenue

Flour Mills of Nigeria (FMN), Unilever, and Nigerian Breweries are some of the stocks to watch this week after the equity market resumes trading. Ripples Nigeria stocks watchlist is a selection of stocks monitored for viable trading or investing opportunities....

N5.5 Billion Debt: Supreme Court Affirms Honeywell’s Indebtedness To Ecobank

Ecobank scored a major victory at the Supreme Court on Friday as it won in a N5.5 billion debt dispute against Honeywell and its sister firms, Anchorage Leisures Ltd and Siloam Global Ltd. The Supreme Court dismissed an...

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Anambra gov’t sealed off the Nigeria Police Force facility, about 25 banks and hotels over failure to pay taxes

Governor Chukwuma Soludo of Anambra State has reportedly sealed off the Nigeria Police Force facility and about 25 banks...
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