Moody’s affirms Dangote Sugar Refinery’s Caa1 CFR, Outlook changed to stable
By Kayode Ogunwale Moody's Ratings (Moody's) has affirmed the Caa1 corporate family rating (CFR) of Dangote Sugar Refinery Plc (DSR), Concurrently, Moody’s has repositioned the national scale rating (NSR)…
Banking Recapitalisation: GTCO plan to raise N400.5bn fresh capital
By Kayode Ogunwale Guaranty Trust Holding Company Plc (GTCO) announced its intention to raise nine billion ordinary shares of 50 kobo each at an offer price of per share…
Chiemeka’s appointment as NGX CEO will deepen market growth – Professional Group
By Kayode Ogunwale The appointment of Jude Chiemeka as the Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX) has continued to generate widespread acclaim from industry professionals, who…
Dangote Cement Okpella commits to development, social support for Host Communitie …signs epochal Development Agreement with Okpella Communities
By Kayode Ogunwale Management of Dangote Cement, Okpella has signed a development and social support agreement with its Okpella Edo state host communities in demonstration of its commitment to…
Group Announces Board Reconstitution; Promises Enhanced Value for Investors
By Kayode Ogunwale VFD Group Plc., a leading industry agnostic proprietary investment company, listed on the main board of the Nigerian Exchange (NGX) with the ticker symbol VFDGROUP announces the…
Dangote Refinery capable of solving Nigeria’s forex problems; catalysing economic devt, says S&P Global
By Kayode Ogunwale Associate Director, Sovereign Ratings, S&P Global Rating, Maxmillian McGraw; Senior Analyst, Bank Ratings, Charlotte Masvongo, Vice President of Oil and Gas at Dangote Industries Limited (DIL), Devakumar…
FG Allocates N732bn for Empowerment Projects in 2024 Budget, Higher than Allocations for Health Projects
By Kayode Ogunwale Tracka, BudgIT’s service delivery promotion platform, which allows citizens to collaborate, track, and give feedback on public projects in their communities, has discovered billion worth of…
Access Holdings’ N351 Billion Rights Issue Opens for Subscription
By Kayode Ogunwale Access Holdings Plc has announced the commencement of its N351 billion Rights Issue. A subset of the Group’s Capital Raising Programme aiming to generate up to US$…