06
SepThe Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has stated that the recent approval-in-principle granted to two cryptocurrency exchanges will significantly boost youth engagement in Nigeria’s capital market. According to Agama, the approvals given to Busha Digital Limited and Quidax Technologies Limited align with President Bola Tinubu’s commitment to engaging the country’s youth population. […]
06
SepThe Nigerian National Petroleum Company Limited (NNPC) has clarified that the cost of petrol from the Dangote Refinery will be influenced by foreign exchange rates and market dynamics. This announcement comes in the context of the deregulated fuel market in Nigeria. NNPC is scheduled to commence the supply of petrol from the Dangote Refinery on September 15.[…]
06
SepThe Bank of Industry (BOI) announced that its €1 billion Global Syndicate Loan programme was oversubscribed by 42.5%, resulting in a total of €1.425 billion raised from international financial markets. According to BOI, the facility includes both fully guaranteed and partially guaranteed tranches by the Africa Finance Corporation. The bank stated: “Previously, the Bank of Industry raised[…]
