Against the background of a groundswell of support and enthusiasm for the bank’s ongoing offers, Fidelity Bank Plc has started preparations to allow the bank to absorb over subscriptions.
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The chairman of Dangote Group, Aliko Dangote has said that he does not have houses abroad because of his passion for industrialisation in Nigeria.
The President of Dangote Industries Ltd, Aliko Dangote, said that the Dangote Petroleum Refinery and the fertiliser plant would be listed in the capital market by the first quarter of 2025.
The Dangote Group has revealed that it is targeting around $30 billion in revenues by the year 2025 whilst projecting to become the largest supplier of foreign exchange in the FX market in the future.
Our debt-to-GDP ratio, which used to be far, far below 50, which used to be around 20 to 23, 25, is now close to 50%,” he said.
Bitcoin pumped to a near $60,000 following the announcement of the United States CPI yesterday but appears to have retraced from the surge at the time of the report. The total market capitalization of all crypto assets also dropped to a little over $2.2 trillion.
The Corporate Affairs Commission (CAC) has announced plans to cancel the certificates of incorporation for Bureaux De Change (BDCs) whose…
Among the stockbroking firms in Nigeria, Stanbic IBTC Stockbrokers, Cardinal Stone Securities and Apt Securities emerged as the top performers, collectively accounting for N727.078 billion in value and representing 50.42% of the total value of transactions conducted in the first half of the year.
FirstBank has said it is sponsoring the Lagos performance of Eni Ogun – The Noble Warrior, a theatrical performance in honour of Nobel Laureate Professor Wole Soyinka as part of activities celebrating his 90th birthday.
While the increase in borrowing is notable, Nigeria’s debt servicing costs have also been significant, almost matching the amount borrowed.