The Nigerian National Petroleum Company Limited (NNPC) has supplied four cargoes of crude oil to Dangote Refinery under the naira-for-crude sale agreement. Additional deliveries are expected in the coming weeks.
A source from Dangote Refinery disclosed that the first phase of this naira-for-crude sale agreement is set for six months. The government will review the agreement at the end of this period and may decide to renew it or not.
Guaranty Trust Holding Company Plc (GTCO) has made significant strides in its growth and expansion plans, completing the first tranche of its equity capital raise programme. The highlights of this milestone are as follows: Key Developments: CEO’s Statement: Segun Agbaje, the Group CEO, expressed gratitude to shareholders and regulators for their support. He highlighted the successful capital […]
Tuesday’s trading activities on the floor of the Nigerian stock market closed bearish on profit taking in 51 stocks. The All Share Index declined by 0.24% to close at 103,398.82 points from the previous close of 103,648.24 points. The Market Capitalisation declined by 0.24% to close at N63.051 trillion from the previous close of N63.203 trillion, thereby[…]
