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We received roughly $5.5 billion in bank financing to build the Dangote Refinery – Aliko Dangote
Aliko Dangote, the richest man in Africa, disclosed that his company obtained bank loans totaling an impressive $5.5 billion to construct the Dangote refinery.
Dangote...
Nigeria produced 1.25 million barrels of crude oil per day in May – OPEC
Nigeria produced 1.25 million barrels of crude oil per day on average in May 2024, down from 1.28 million barrels in April.
Compared to the...
Pension Fund Withdrawals Total N14.2 Billion from Nigerians as Job Losses Rise
The distribution of N14.2 billion to 8,651 Nigerians who suffered temporary job loss in the first quarter of 2024 has been approved by the...
Naira Strengthens Below N1,500/$ Threshold Ahead of US Interest Rate Decision
While market participants awaited the release of America's inflation data and the U.S. Federal Reserve's interest rate decision later in the day, the naira...
Fidelity Bank records a one-day turnover volume of over 600 million shares
Fidelity Bank was the most traded stock on the NGX on Monday, with a trading volume of about 605.257 million shares, despite a 6.52%...
