A recent publication by the National Bureau of Statistics revealed the following key insights on electricity distribution in Nigeria: Revenue Collection: Electricity Supply: Customer Numbers: Metered Customers: Estimated Customers:
The Nigerian stock market closed on a positive note, driven by growth in the share prices of 29 stocks. The All Share Index grew by 0.09% to settle at 97,606.63 points from 97,520.54 points recorded the previous week. Investors gained N49 billion as Market capitalization closed at N56.088 trillion, up by 0.09% from N56.039 trillion recorded the[…]
Ecobank Transnational Incorporated (ETI) has announced the successful pricing of its $400 million 10.125% notes due on 15 October 2029. Interest on these notes will be payable semi-annually in arrears on 15 April and 15 October each year, commencing on 15 April 2025. The net proceeds from the issuance of the notes will be used for general[…]