Nigeria’s FX reserves rise by $620 million in 10 days after domestic dollar bond sale
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First Bank gains over 30% in stock market following subsidiary sale announcement
First Bank of Nigeria recorded a significant surge in the Nigerian stock market during the second week of September, with its share price climbing by 31.81%. This jump followed the bank’s announcement on Friday, 7th September 2024, of the 100% sale of its stake in FBNQuest Merchant Bank to EverQuest, on the heels of the […] More
FG activates CNG conversion program in 8 states, plans expansion to 9 more before year end
The Federal Government has activated its Compressed Natural Gas (CNG) Conversion Incentive Program in eight states with plans to expand to nine more by the end of 2024. The states where the CNG Conversion Incentive Program has kicked off include Oyo, Lagos, Ogun, Edo, Delta, Kogi, the Federal Capital Territory (FCT), and Nasarawa. This update […] More