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Banks declare massive dividend payouts amid capital raise
29 avril, par NigGalRecent dividend announcements by major Nigerian banks have highlighted a complex interplay between shareholder returns and Central Bank of Nigeria (CBN)’s recapitalization requirements. Despite the CBN’s push for a hefty capital raise, banks are not shying away from returning capital to their (...) -
Tips for Overcoming Financial Hardship
26 avril, par NigGalDespite not being in a recession, Nigeria is currently grappling with tough economic challenges. The devaluation of the naira and a high inflation rate have made it difficult for many Nigerians to make ends meet. Insecurity in the country’s food belts has led to a surge in food prices, (...) -
Tech coy unveils new logo
26 avril, par NigGalDreamworks Integrated Systems, a provider of information and communications technology solutions, has unveiled a new logo and tech walk to celebrate its 20th anniversary. According to the statement, the firm’s ‘Tech Walk’ is scheduled for April 26, 2024, to celebrate Nigeria’s tech evolution (...) -
Money is not to be spent
25 avril, par NigGalMoney is not Intended to be Squandered. There are many individuals who think that money should be used for spending. As a result, their only approach to money is spending it. Consequently, they find themselves trapped in financial difficulties, always under pressure to earn money. Some people (...) -
BII, Citi to support African SMEs with $100m
25 avril, par NigGalThe United Kingdom’s development finance institution and impact investor, British International Investment, has announced the signing of a $100m risk-sharing facility with Citi to support the trade finance needs of African small and medium enterprises and corporates. The facility was announced (...)