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SepThe Nigerian National Petroleum Company Limited (NNPCL) has announced plans to commence lifting petrol from the Dangote Refinery on September 15. However, the company has cautioned that there is no guarantee of lower fuel prices. In a statement issued by NNPCL’s Chief of Corporate Communications Officer, Olufemi Soneye, the company emphasized that the pricing of petroleum products, […]
09
SepFBN Holdings Plc, the parent company of First Bank Nigeria, has announced its intention to divest its 100% equity stake in FBNQuest Merchant Limited. This strategic move aligns with the company’s broader goal of optimizing its portfolio. After a competitive bidding process, EverQuest Acquisition LLP (comprised of Custodian Investments Plc, Aion Investment, and Evercorp Industries) emerged as[…]
09
SepTrading on the Nigerian Exchange concluded last week on a bearish note, with 46 stocks experiencing declines due to profit-taking activities. The All-Share Index and Market Capitalization recorded slight decreases, closing at 96,433.53 points and N55.394 trillion, respectively. A total of 2.14 billion units of shares were traded in 55,598 transactions, valued at N51 billion. The market’s[…]
