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Category: Business
Power grid collapses, plunges Lagos, others into darkness
February 18, 2021
The nation’s power grid suffered its first collapse this year on Wednesday, plunging parts of the country into a blackout. Two of the electricity distribution companies in the country, Ikeja Electric Plc and Eko Electricity ...
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Why petrol price will continue to increase – Retailers
February 16, 2021
The Petroleum Product Retail Outlet Owners Association of Nigeria (PETROAN) has insisted that the price of petrol will continue to increase except there are functional refineries in the country. President of PETROAN, Dr. Billis Gillis-Harry, ...
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Fidelity Bank Plc Successfully Issues Largest Ticket Tier II Local Bonds In Nigeria
February 14, 2021
Fidelity Bank Plc has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031. The bond issuance which was fully subscribed given that total ...
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