August 21, 2024/CSL Research Based on news reports, the Federal Government announced on Monday that it has paid off ₦205 billion of the ₦1.3 trillion debt owed to Generation Companies (Gencos) to improve liquidity in the power sector. The Minister of Power, Chief Adebayo Adelabu, emphasized the urgent need to […]
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NGX RegCo Commends FRCN for Pioneering Sustainability Reporting in Africa
August 21, 2024/NGX The Chief Executive Officer (CEO) of NGX Regulation Limited (“NGX RegCo”), Mr Olufemi Shobanjo, has commended the Financial Reporting Council of Nigeria (FRCN) for its pioneering role in advancing sustainability reporting standards across the African continent. Speaking at the Regulatory Roundtable for Sustainability Reporting in Nigeria, hosted […]
GCR, Agusto & Co Affirm Ratings for MTN Nigeria
August 21, 2024/NGX MTN Nigeria Communications Plc notified the Nigerian Exchange Limited and the investing public that GCR Ratings and Agusto & Co. have affirmed their respective ratings for the Company. GCR affirmed the national scale long and short-term issuer ratings of AAA and A1+, respectively, and the national scale […]
