From infrastructure to competitive energy majors to clear regulatory frameworks, what separates Angola from other oil producing countries are the benefits associated with investing in an established market May 26, 2023/ECP Angola started producing oil from the Benfica oilfield in the Cuanza Basin in 1955. Nearly 70 years on, the […]
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FBNQuest Merchant Bank Holds AGM, Reports Resilience and Growth in 2022 Despite Challenging Economic Environment
May 25, 2023/Hill+Knowlton Strategies FBNQuest Merchant Bank Limited, the investment banking and asset management subsidiary of FBN Holdings Plc., successfully held its 8th Annual General Meeting in Lagos recently. During the meeting, the Bank presented its Audited Financial Statements for the financial year ended December 31, 2022 to its shareholders […]
GEREGU Drags NGX Indices into Bearish Territory -0.20%
May 25, 2023/Cordros Report EQUITIES Despite three consecutive days of gains during the week, the local bourse paused its bullish streak as selloffs of GEREGU (-4.8%) triggered a 0.2% decline in the benchmark Index. Thus, the NGX ASI settled at 52,821.60 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to […]
