09
Sep‘Dangote Petrol to hit market September 15, no guarantee of lower pricing’- NNPCL
The 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 […]
09
SepFBN Holdings Plc divests from FBNQuest Merchant Bank Limited
FBN 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,[…]
09
SepStock market returns -0.15% WtD on profit taking, sheds N84bn
Trading 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[…]
06
SepApproval of cryptocurrency exchanges will boost youth participation in capital market- SEC DG
The 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[…]
