Dangote Group clarifies EFCC’s visit to Lagos Office
The Dangote Group has expressed readiness to assist the Economic and Financial Crimes Commission (EFCC) in its investigations, following the commission’s visit to the company’s head office in Lagos. The…
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EFCC summons Dangote officials after raid on Lagos office
The Economic and Financial Crimes Commission (EFCC) has summoned some officials of the Dangote Group to Abuja to come along with detailed documents on foreign exchange transactions by the conglomerate…
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Dangote Refinery gets 5th 1m barrels of Crude Oil cargo, 6th next week
Dangote Petroleum Refinery, on Thursday, received the fifth crude oil shipment of one million barrels of Bonny Light supplied by the Nigerian National Petroleum Corporation Limited (NNPCL), on Thursday. The…
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Tinubu appoints new Executive Directors for NPA, NIMASA
President Bola Tinubu has approved the appointment of new Executive Directors in two (2) agencies under the Federal Ministry of Marine and Blue Economy: Nigerian Ports Authority (NPA): (A) Ms.…
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EFCC raids Dangote Group office in Lagos
Operatives of the Economic and Financial Crimes Commission (EFCC) have reportedly raided the Lagos head office of the Dangote Group. They are conducting a search on forex allocations to the…
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NGX market capitalisation gains N666bn, up 1.36%
The market capitalisation of the Nigerian Exchange Ltd. (NGX) on Tuesday, first trading of the year, recorded a gain of N666 billion or 1.63 per cent. The gain represents 1.63…
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NAFDAC unveils strategies to support MSME for economic growth
The National Agency for Food and Drug Administration and Control (NAFDAC) says it has rolled out strategies to help Micro Small and Medium Enterprises (MSMEs) to survive the temporary economic…
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NOVA converts to commercial bank, appoints new MD/CEO
NOVA Merchant Bank Limited, a leading merchant bank in Nigeria, has announced that it is set to begin its conversion to full Commercial Banking Business following its recent requisition of…
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NGX All-Share Index up by 0.36%
The All-Share Index, (ASI) one of the performance indices of Nigerian Exchange Ltd. (NGX), on Friday rose by 271.19 points or 0.36 per cent to close at 74,773.77l, as against 74,502.58…
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CBN assures depositors, says your funds are safe in banks
The Central Bank of Nigeria (CBN) has assured depositors and customers of Nigerian banks of the safety of their funds in the banks. The Acting Director, Corporate Communications Department of…
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