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Jaiz Bank sponsors 2024 Abuja National Polo Tournament Nexovant
Jaiz Bank Plc, the premier Non-Interest Bank in Nigeria, has successfully sponsored the prestigious President Cup in the 2024 edition of the Abuja National Polo Tournament. Speaking during a Press Conference at the Abuja Guards Polo Club, the Bank’s Executive Director, Business Development, Alhassan Abdulkarim, said the gesture was in line with the Bank’s principle […]
African Footballer of the Year: Meet Lookman Ademola, 27-year-old earning N4.1 billion annually Nexovant
On Monday night, Nigerian forward Ademola Lookman etched his name into African football history, claiming the prestigious CAF African Footballer of the Year award at the star-studded 2024 CAF Awards in Marrakech, Morocco. Lookman, 27, emerged as the continent’s standout player after a stellar year for both his Italian club Atalanta and Nigeria’s Super Eagles. […]
NAFDAC destroys 828 cartons of contaminated Bioflex infusions over failed sterility tests Nexovant
The National Agency for Food and Drug Administration and Control (NAFDAC) said it has destroyed 828 cartons of Bioflex infusions over failed sterility tests. The infusions, supplied by Biomedical Company Limited, Ilorin, were flagged following a consumer complaint from Ahmadu Bello University Teaching Hospital (ABUTH), Shika. The complaint highlighted the presence of suspended particles in […]
Analysis: Why BDCs and retail participants need their own “EFEMS” Nexovant
Nigeria’s foreign exchange market is once again a tale of two worlds. The official market, bolstered by the Central Bank’s Enhanced Foreign Exchange Market Sytem (EFEMS) platform, trades at N1,535/$1, while the parallel market has slipped to N1,680/$1. The resulting 9% gap reflects growing inefficiencies in forex liquidity management. While EFEMS was designed to streamline […]
New fuel prices emerge as data shows Nigeria’s 4 most profitable oil firms Nexovant
Nigeria’s four listed oil companies, including Conoil, MRS Oil, Eterna, and TotalEnergies, recorded a massive profit in 2024 The company’s combined after-tax profit jumped 94%, hitting 45.89 billion in the first nine months of 2024 Their profits surged due to the petrol subsidy removal by the Nigerian government last year Legit.ng’s Pascal Oparada has reported […]
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