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FBN Holdings pay N9.3bn as dividends for 2018 business year

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Shareholders of FBN Holdings Plc at the weekend approved the payment of N9.3billion as dividends for the financial year ended December 31, 2018.

Africa’s foremost businessman and Chairman of Aliko Dangote Foundation, Alhaji Aliko Dangote has made yet another critical intervention in the educational sector when he donated fully equipped 2,160 bed space hostel complex to the Ahmadu Bello University, Zaria at the weekend.

N50m minimum capital base: 200 Microfinance banks risk losing license

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Indications have emerged that no fewer than 200​ ​ Microfinance Banks (MfBs) may be affected by the new Central Bank of Nigeria (CBN) guidelines that put minimum capital base for Tier-2 MfBs at N50 million.

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Shareholders of Access Bank have approved a total dividend payout of N0.50 kobo for the 2018 financial year ended December 31, 2018.

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