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[…]
30
JulTranscorp Power, which debuted on the Nigerian Exchange Group (NGX) on March 4, 2024, will distribute N34.7 billion in dividends. This total includes N24.5 billion as a final dividend for the 2023 fiscal year and N11.25 billion as an interim dividend for the first half of 2024. For the first half of 2024, Transcorp Power Plc declares[…]
