Dangote has announced that his fertilizer and petrochemical divisions will be listed on the stock exchange latest Q1 2025.
Annual inflation rate has surged by 11.40% points to 34.19% in June 2024, highest in over a year.
“About 40% of what is adjudged crude oil theft actually are attributable to metering inaccuracies,” says NUPRC boss Gbenga Komolafe.
Stakeholders have called for comprehensive crypto regulation in Nigeria to boost interest and investment, while mitigating associated risks.
“Our agreement with the NNPC was for 20%, but they failed to pay the remaining balance last year,” says Dangote.
The NDIC has reported difficulties with verifying BVNs of corporate customers from Heritage Bank following its licence revocation.
“Loan recovery is a competitive process, like fighting for pocket share,' Bfree's Enyi said, emphasising flexible approach to repayment.
Dangote Refinery has initiated tender to buy 6 million barrels of US crude, increasing American feedstock inflows significantly.
CBN’s Cardoso says ongoing recapitalisation process would build a resilient banking sector capable of withstanding future economic shocks.
Financial Derivatives CEO Bismarck Rewane says debt accumulation is not inherently bad but misuse can trap Nigeria in economic instability.