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Dangote Refinery Dismisses Shutdown Claims, Maintains 50 Million Litres PMS Daily Output

  … Reaffirms N699 Gantry Price as Marketers Lift Over 48 million Litres on Sunday…Blasts Fuel Importers for Spreading Falsehoods and Exploiting Nigerians January 5, 2025/Dangote Group Dangote Petroleum Refinery has categorically rejected a circulating report claiming the refinery is shutting down for maintenance, describing the story as false and […]

FirstHoldCo Announces FirstBank has Met N500 Billion Regulatory Capital Requirement

—–Shareholders commit to future injection of more capital to the Groups’ other subsidiaries   January 5, 2025/FirstBank of Nigeria First HoldCo Plc (“FirstHoldCo” or “the Group”) has announced that its commercial banking subsidiary, First Bank of Nigeria (FirstBank), has successfully met the Central Bank of Nigeria’s (CBN) minimum capital requirement […]

2026: SEC to Prioritise Mobilisation of Long Term Funds, Others -DG

January 2, 2026/SEC Nigeria The Securities and Exchange Commission has said that it is prioritizing the mobilization of long-term capital to bridge Nigeria’s infrastructure and sectoral gaps while also streamlining regulatory frameworks and aggressively facilitating the issuance of innovative financial instruments that channel disciplined capital into productive sectors. This was […]