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NASCON: Steep Rise in Finance Cost Dwarf Shareholders Returns. Equity analysts’ have set ₦13.60 price target for NASCON Allied Industries (NASCON), a member of the indigenous conglomerate, Dangote Industries Limited for 2020.
FBN General Insurance assets grow 17 per cent in 2019 FBN General Insurance Limited says it achieved 17 per cent…
Analysts Maintain Sell Rating on Neimeth Stock Despite Rally. Amid rising cases of COVID-19, Neimeth Pharmaceutical Plc stock rallied in the past weeks, though it has also dropped having gained more than 45% in a week
FirstBank Presents Devices to Lagos State Towards Driving 1Million Students to E-Learning First Bank of Nigeria Limited, Nigeria’s leading financial…
Africa Development Bank Vice President Blanke Resigns. Dr Jennifer Blanke, the African Development Bank (AfDB), Vice President for Agriculture, Human and Social Development, has resigned her appointment.
Investment: Are You Planning to Buy Treasury Bills? If you are risk averse, investing in Treasury Bills will match your profile. It is very unlikely to lose your investment. Meanwhile, the income from investing in T-Bills is tax free, so interest received is not subject to withholding tax.
Africa’s COVID-19 Cases Rise to 187,800 amid Lockdown Easing. As the global economy is opening up gradually, numbers of coronavirus cases is expanding, Africa share is surging along with rising cases in developed economies.
WHO to Resume Trial of Hydroxychloroquine on COVID-19. The World Health Organisation (WHO) says it will resume its trial of Hydroxychloroquine for the treatment of coronavirus (COVID-19) patients.
NAICOM extends full recapitalisation of insurance companies to 2021 National Insurance Commission (NAICOM) has directed insurance and re-insurance companies to…
Brent oil rises to $40 amid hopes for output cuts. Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers will extend production cuts and recovery from the coronavirus pandemic will spur fuel demand.