August 23, 2024/United Capital Research Anglophone West Africa Nigeria Nigeria owes NNPC $4.9bn fuel debt The Federal Government owes the Nigerian National Petroleum Company Limited (NNPCL) almost half of what it plans to collect in revenues this year for the petrol subsidy it reintroduced in August last year. NNPCL is […]
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Intraday Update: Nigerian Stocks Inch Up +0.12%, Buoyed by Bellwether Counters
August 23, 2024/InvestmentOne Report ASI as at 12.00pm: +0.12% Top Gainers and Losers: OANDO (+10.00%), DEAPCAP (+9.80%), GUINEAINS (-9.76%) and TIP (-9.33%). Sector Performances: Oil & Gas (+0.39%), Banking (+0.10%), Consumer Goods (-0.48%) and Industrial. Market activity: In today’s trade, total volume and value declined by 12% and 13% respectively […]
NGX Reaffirms Commitment to Strengthening Investor Protection
August 22, 2024/NGX The Nigerian Exchange Limited (NGX) has reiterated its commitment to enhancing investor protection measures, reinforcing its dedication to maintaining a secure and transparent trading environment. At a recent event, NGX highlighted its efforts to implement robust mechanisms designed to safeguard investors and uphold market integrity. This renewed […]
