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Nigeria’s First Bank Q1 pretax profit up 29 pct yr-yr

Nigeria’s First Bank Group’s first quarter pretax profit rose by 29 percent year-on-year to 31.41 billion naira ($198.8 million), from 24.36 billion naira in the same period last year, the company said on Thursday. Gross revenues rose to 99.47 billion naira during the period, compared with 87.62 billion naira the […]

World Bank, FG Want Increased Finance for Women Farmers

The World Bank, in partnership with the Federal Government, has moved to enhance greater access to finance for female farmers in Nigeria. To achieve this aim, the global financial institution is organizing a Technical Dialogue on Gender and Agriculture today (May 2) in Abuja; following innovative data and research on […]

FG Heads to Appeal Court over Deregulation Suit

The federal government has filed an appeal at the Court of Appeal in Abuja against the decision of Justice Adamu Bello of the Federal High Court nullifying the deregulation of the downstream sector of the oil industry. The court had in its judgment in the case: Bamidele Aturu vs Minister […]