Business
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News
Parallex Bank makes history, becomes the first microfinance bank to go fully commercial [Video]
"From any angle within our mobile app, you can make five transactions in a day and 150 in a month without transaction charges."
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Business
Titan Trust Bank takes over Union Bank
Titan Trust Bank has announced a takeover of one of Nigeria’s oldest banks, Union Bank.
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Business
Popular bank fined $200 million for allowing workers use WhatsApp
The Securities and Exchange Commission and the Commodity Futures Trading Commission fined JPMorgan $125 million and $75 million, respectively.
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Business
CBN okays Ahmad Abdullahi as new FBN Holdings chairman
Mr Babalola left the institution in view of the “contest by some significant shareholders for control of First Bank Holding Plc,” said Osita Nwanisobi, the regulator’s spokesperson, in a statement.
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Metro
1 Nigerian youth allegedly steals 350 pieces of catfish
The fish was valued at one million naira.
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News
FG will put tollgates on Lagos-Ibadan highway, 2nd Niger Bridge, Abuja-Kano road to pay loans — CBN
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the federal government will toll the Lagos-Ibadan expressway, Abuja-Kano road, and the second Niger Bridge to repay loans used to fund the project.
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Business
1 bag of cement now N4,600 — report
The development has triggered a surge in housing prices and the overall cost of construction projects.
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News
Grow food in your houses to beat rising cost of feeding, finance minister advises Nigerians
Nigerians can grow food in their homes to cushion the hardship caused by increasing food prices, the Muhammadu Buhari government says.
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Religion
Islam: Crypto trading forbidden by Allah, Muslim group declares
Indonesia’s top religious body has declared that bitcoin and other cryptocurrencies are forbidden under Islamic law and should not be traded in the world’s biggest Muslim majority nation.
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Business
Imagine Lenders ‘scam’: Court threatens to jail bank bosses who protect ‘fleeing’ Ajetunmobi couple
According to the applicants, the sum of N11.795bn is the outstanding investments and return on investments accruing to them from the defendants.