September 19, 2024/Sterling Bank Plc Culled: Proshare.co In a recent release, Sterling Financial Holdings Company Plc informed investors that it would be embarking on the bank’s recapitalisation in compliance with the Central Bank of Nigeria (CBN) requirements for a national license. This includes raising US$50m in fresh capital through a […]
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Fidson Signs Partnership Agreement with Three Chinese Firms
September 19, 2024/NGX Fidson Healthcare Plc, the leading Nigerian pharmaceutical company signed a Strategic Cooperation Memorandum with Jiangsu Aidea Pharma, Nanjing Pharma Block, and the China-Africa Development Fund in Beijing, China on Monday, September 2, 2024. The signing ceremony took place during a visit by a team from Nigeria led […]
FAAC Allocation Falls MoM in August 2024
September 19, 2024/FBNQuest Research A recent report published by the Federation Account Allocation Committee (FAAC) shows that the federation’s revenue disbursement to the three tiers of government amounted to about N1.2trn in September 2024 (from August 2024). The gross payout in August was -11% m/m, or -N155bn, less than the […]
