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Yet Another Grid Collapse

November 6, 2024/CSL Research Yesterday, Nigeria’s national power grid experienced its ninth collapse of the year, resulting in a nationwide blackout that affected all 22 operational generation companies (GenCos) according to news reports. This latest outage underscores persistent issues in Nigeria’s power sector, which continues to grapple with instability, inadequate […]

FBN Holdings Opens Rights Issue 5,982,548,799 Ordinary Shares of 50 Kobo Each at ₦25.00 Per Share

November 6, 2024/Futureview Research Futureview Securities Limited is pleased to inform you that FBN Holdings PLC (“FBN Holdings” or the “FBNH” or the “Issuer”) Rights Issue of 5,982,548,799 ordinary shares at 50 kobo each, priced at N25.00 per share, available on the basis of 1 new ordinary share for every 6 […]

EBRD to Allocate Additional €3 Billion for its Green Cities Programme

November 6, 2024/EBRD By Rezo Bitsadze Image Credit: EBRD The EBRD commits €3 billion to expand its flagship Green Cities programme Updates include renewed GCAP methodology, nature finance and green capital Green Cities enhances quality of urban life for residents in more than 50 cities The European bank for Reconstruction and […]