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SepThe Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (benchmark interest rate) to 27% from 27.5%. The asymmetric corridor around the MPR was retained at +260 and -250 basis points. The liquidity ratio was left unchanged at 30 percent. The MPC also reduced the cash reserve requirement to […]
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SepAirtel Africa Plc has entered into new arrangements with Barclays Capital Securities Limited to support its ongoing share buy-back programme, including during the forthcoming closed period. The total size of the programme remains unchanged. The Company had earlier, on 14 May 2025, announced the commencement of the second tranche of its share buy-back for up to $55[…]
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SepUnited Bank for Africa Plc (UBA) has announced an interim dividend of 25 kobo per share for the half-year period ended June 30, 2025. The Group posted gross earnings of ₦1.62 trillion, representing an 18.0% increase from ₦1.37 trillion recorded in H1 2024. Profit after tax rose 6.1% year-on-year to ₦335.53 billion, compared to ₦316.36 billion in[…]
