Fitch Flags Debt, Liquidity Risks in Nigeria’s Proposed $5bn TRS
Fitch Ratings has raised concerns over Nigeria’s proposed $5 billion Total Return Swap (TRS), warning…
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Nigeria Needs Oil Price Buffer to Stabilise Petrol Costs
Nigeria needs a structured mechanism to cushion consumers from sharp increases in global oil prices…
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Nigeria’s Capital Challenge Is Finding Bankable Opportunities
Nigeria’s investment challenge is not necessarily a shortage of capital, but a lack of sufficiently…
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Nigeria hits 1.68mbpd, sustains OPEC quota for four months
Nigeria’s crude oil and condensate production rose to 1.68 million barrels per day in August…
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Banks shut 476 branches in three years – CBN
Deposit Money Banks in Nigeria closed a net 476 branches and cash centres between 2022…
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DMO Offers N1tn FGN Bonds, Sets N50m Minimum Subscription
The Debt Management Office (DMO) has opened subscriptions for two Federal Government of Nigeria (FGN)…
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Dangote Refinery Launches N2.15tn IPO on Nigerian Exchange
President of Dangote Industries Limited, Aliko Dangote, on Monday formally opened the N2.15tn Initial Public…
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Dangote Refinery Launches N2.15tn IPO on Nigerian Exchange
President of Dangote Industries Limited, Aliko Dangote, on Monday formally opened the N2.15tn Initial Public…
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Dangote Praises Tinubu’s Fuel Subsidy Removal, FX Reforms
Aliko Dangote, President of Dangote Industries Limited, has commended President Bola Tinubu for implementing key…
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Dangote Refinery, NMDPRA Face Off Over Propane Safety, Distribution
The Nigerian Midstream and Downstream Petroleum Regulatory Authority and Dangote Petroleum Refinery are locked in…