Global financial markets opened the new year on a mixed but largely positive note, with investors across Asia turning to safe-haven assets such as gold and silver, while equities in …
Asia-PacificBusinessCommoditiesGlobal MarketsINVESTMENT
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- BusinessEconomyEnergyManufacturingOil & GasUncategorized
Dangote Refinery Says Operations Ongoing, PMS Supply Stable
Dangote Petroleum Refinery has firmly dismissed reports claiming that it has shut down operations for maintenance, describing the information as false, misleading, and capable of causing unnecessary panic in the …
- BusinessCapital MarketCorporate FinanceInvestmentsManufacturingNigerian Economy
Champion Breweries Strengthens Finances with 19.5% Bond Issue
Champion Breweries Plc has taken a major step in strengthening its financial position after successfully issuing a five-year fixed rate senior unsecured bond at a coupon rate of 19.50 per …
- BusinessFinancial ServicesInsuranceRegulation
NIA Promises Support for Insurers Under New Insurance Reform Act
by Radarr Adminby Radarr AdminInsurance operators across Nigeria have been urged to put clear plans and practical measures in place to ensure the smooth and successful implementation of the Nigeria Insurance Industry Reform Act …
- BusinessCapital MarketEconomyFinancial ServicesINVESTMENT
NGX Posts Sharp Rise in Share Transactions
by Radarr Adminby Radarr AdminNigerian Exchange (NGX) Limited recorded a strong increase in trading activities last week, as investor participation rose sharply following the resumption of normal market sessions after the festive holidays. The …
- BusinessBusiness InsightsCapital MarketFinanceINVESTMENTWestern Africa
Strong Shareholder Confidence Pushes Presco Rights Issue to 103%
by Radarr Adminby Radarr AdminPresco Plc has successfully completed its recent rights issue, recording a strong subscription level of 103 per cent, a development that points to growing confidence among shareholders in the company’s …
- BusinessConsumer ProtectionEconomyEnergyNigeriaOil & GasPetroleum
Dangote Refinery Launches Hotline to Check Overpricing of Petrol at MRS Stations
Dangote Petroleum Refinery has announced the launch of a dedicated nationwide hotline for Nigerians to report any MRS Oil Nigeria Plc filling station selling Premium Motor Spirit, also known as …
- BusinessEconomyEducationManufacturingNigeriaPrivate SectorTrade & Investment,
Dangote Urges Nigeria to Boost Local Production
The Chairman of Dangote Group, Aliko Dangote, has called on Nigeria to increase local production and strengthen backward integration as key steps toward becoming Africa’s leading manufacturing hub. He said …
- BankingBusinessEconomyEnergyFinanceNigeriaOil & Gas
Chappal Energies Secures $430m Financing to Strengthen Asset Portfolio and Support Growth Strategy
Chappal Energies, through its subsidiary, Chappal Investments Limited, has completed major financing transactions valued at a total of $430m, marking an important step in the company’s financial and strategic expansion …
- BankingBusinessCorporate GovernanceDevelopmentEducationHigher EducationSustainability
Don appointed FirstBank Samuel Asabia Ethics Chair
FirstBank of Nigeria Limited has announced Professor Kenneth Amaeshi as the first occupier of the FirstBank Samuel Asabia Professorial Chair of Business Ethics at the University of Lagos. The announcement …