Oil Rises as Nigeria Expects Output Issues to End in December
Oil Rises as Nigeria Expects Output Issues to End in December Oil rises Tuesday as Nigeria sees end to output issues by the end of December 2021, according to Mele…
Orjiako to Step Down as Chairman of Seplat Energy
Orjiako to Step Down as Chairman of Seplat Energy Dr. A.B.C Orjiako has informed Seplat Energy Plc of his decision to step down as Chairman and from the company board…
Federal, States and Local Govts. Share N671.9 Billion in October
Federal, States and Local Govts. Share N671.9 Billion in October On Wednesday, the Federal Government, States and Local Government Councils (LGCs) shared N671.910 billion as Federation Accounts Allocation Committee (FAAC)…
Price of Cooking Gas Spikes in October, Says NBS
Price of Cooking Gas Spikes in October, Says NBS The average price for the refilling of a five kilogram (5kg) cylinder for Liquefied Petroleum Gas otherwise known as Cooking Gas…
Ardova Raised N25.3 Billion from Debt Capital Market
Ardova Raised N25.3 Billion from Debt Capital Market Ardova Plc (AP) has announced the successful completion of the N25.3 billion Series 1 Fixed Rate Senior Unsecured Bond issue under its…
Stock Market Lost N49 Billion as Investors Reactivate Selling Mood
Stock Market Lost N49 Billion as Investors Reactivate Selling Mood The Nigerian stock market lost more than N49 billion as investors reactivate selling mood midweek, which consequently pullback yesterday’s gains…
Nigerian States’ Ratings Challenged by Own Revenue Generation
Nigerian States’ Ratings Challenged by Own Revenue Generation Nigerian states’ framework of fiscal rules is evolving, due to their limited own revenue-generation capacity and developing debt and liquidity-management regulations and…
Fidelity Bank Credit Ratings Improve as Outlook Upgraded to Stable
Fidelity Bank Credit Ratings Improve as Outlook Upgraded to Stable • Two Largest Exposures Breach 20% Single Obligor Limit • Top 20 Obligors Account for 47.2% of Gross Loans GCR…
IHS Signs Telecom Tower Acquisition Sale/Lease Back Contract with MTN
IHS Signs Telecom Tower Acquisition Sale/Lease Back Contract with MTN IHS Holding Limited, one of the largest independent owners, operators, and developers of shared telecommunications infrastructure in the world by…
Lawmakers Query Securities and Exchange Commission over Spending
Lawmakers Query Securities and Exchange Commission over Spending The Nigerian lawmakers have queried the capital market regulators, the Securities and Exchange Commission (SEC) for spending N6 billion out of its…