April 29, 2024/CSL Research The Federal Government has unveiled plans to establish a Nigeria Diaspora Fund worth US$10 billion aimed at attracting foreign investments into the country. Led by the Federal Ministry of Industry, Trade, and Investment (FMITI), this initiative stems from thorough discussions with capital market experts and investment […]
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Federal High Court Maintains Ban on FBN Holdings AGM
April 25, 2024 By Kelechukwu Mgboji InvestAdvocate Lagos (INVESTADVOCATE)-FBN Holdings faces a prolonged delay in convening an Extraordinary General Meeting (EGM) statutorily necessary to secure shareholder assent for capital raising, following a ruling by a Federal High Court in Lagos mandating parties to the suit to maintain the status-quo. In […]
Dangote Crashes Diesel Price to N1,000 Per Litre
April 16, 2024/Dangote Group In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre. While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 per cent […]
