June 16, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a negative note following share price depreciation in ACCESSCORP(-8.28%) and FCMB(-6.57%). As a result, the benchmark All-Share Index (NGX-ASI) fell by 0.17% to close at 115,238.24 points. YTD returns reduced to 11.96%, while market capitalization closed at N72.67tn. […]
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Dangote Refinery Offers Transport-Free Deliveries of PMS, Diesel. Aviation Fuel to All Marketers, Petrol Dealers
…Analysts say the initiative will reduce inflation and create jobs June 16, 2025/Dangote Group A recent initiative by the Dangote Petroleum Refinery, which includes the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecommunications companies, the aviation sector, and other large-scale users across the country, […]
CBN Wielding the Stick Yet Again: End of the Forbearance Regime?
June 16, 2025/CSL Research On 13 June 2025, the Central Bank of Nigeria (CBN) issued a circular directing banks currently under regulatory forbearance, particularly with respect to credit exposures and Single Obligor Limits (SOL), to immediately: Suspend dividend payments to shareholders Defer bonuses to directors and senior management Halt new […]
