News
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Oil Refiners Back Dangote, Decry IOCs’ Refusal to Sell Crude to Local Refineries
The Crude Oil Refineries Association of Nigeria (CORAN) has backed Dangote Oil Refinery and Petrochemicals Limited on its recent allegation…
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NERC threatens to sanction DisCos over meter migration deadline
Nigerian Electricity Regulatory Commission has threatened to sanction distribution companies that failed to complete the migration of Token Identifier of…
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Rising Domestic Debt Service Stirs Stakeholder Concern
The Federal Government of Nigeria’s (FGN) public debt profile has continued to shoot upward as its domestic debt service increased…
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US banks suffer steeper losses, but retain large cushions in annual Fed health check
– The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal Reserve’s annual…
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Minimum Wage: Governors’ emergency meeting kicks off in Abuja
An emergency meeting of governors of the 36 states of the federation has kicked off in Abuja. The meeting is…
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NGX Group Launches Digital Web Application (NGX Invest) for Public Offers and Rights Issues
Nigerian Exchange Group Plc (NGX) announced the launch of NGX Invest, a cutting-edge web application designed to transform the primary market…
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Investors Gained N94.95bn as NGXASI Advanced by 0.17%; BDC Rate Depreciated to N1,488/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities The domestic market recouped parts of its three-session decline on renewed buying interests in FBNH (+2.99%), ZENITH (+1.42%), FLOURMILL (+1.18%), DANGSUGAR…
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Naira Abuse: Import of Court Judgment on Cubana Chief Priest
Consequent on the judgment of Justice Kehinde Ogundare of the Federal High Court sitting in Lagos on the terms of…
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Recapitalisation: SEC to slam N1.1m fine on non-compliant financial institutions
In an effort to enforce capital adequacy standards and protect investors, the Securities and Exchange Commission (SEC) announced a N1.1…
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IOCs frustrating our refinery’s effort to buy crude locally — Dangote
Mr Devakumar Edwin, the Vice President of Dangote Oil and Gas Industries, has accused International Oil Companies (IOCs) in Nigeria…
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