McPathray Conglomerate

McPathray Conglomerate

2/6/2025, 11:34:00 AM

Top Business Updates. • Dangote Refinery and FCCPC clash in court over alleged petrol monopoly in Nigeria  • Dangote Refinery exports two cargoes of jet fuels to Saudi Arabia • CBN limits BDCs to one dealer bank per week for $25,000 FX  • $5 Billion in Cash Hidden in Buhari’s Residence - False Report. •  Exchange rate stabilises mid-week as Naira strengthens to N1,605/$1 in parallel market  • Traders are abandoning Muhammadu Buhari International Market for the streets - High Costs   • Japa: Canada invites over 6,200 skilled workers through express entry in 2025  • Oando set to redeem promise to shareholders – Distributes 97.6billion Naira worth of additional shares  • China files WTO complaint against Trump’s new 10% tariff on imports  • Agro-Eknor debuts N5 Billion Commercial Paper Issuance to accelerate agribusiness growth and strengthen export capabilities  • Nigeria’s money market mutual fund yields average 20.58% in January: Top performers and key insights • FG Treasury Bills attract over N3.1 trillion in subscriptions in February auction  • Over 43% of Nigerian businesses reduce workforce in 2024 – Report  • Insecurity fingered as hindrance to MSMEs’ bank financing in Nigeria  • Bitcoin dips 11% to $97.3K as TRUMP price surges 10% on Thursday  • Engineering technologists lament government’s preference for imports over local technology in Nigeria  • UAC of Nigeria achieves 109% profit increase for 2024, reports strong sales, other factors  • Nigeria Customs Service enforces 4% charge on Free On-Board import value  • Nigeria’s output growth may slip to 0.8 per cent, says report • Capitalisation crosses N65 trillion as investors gain N322 billion • SEC to adopt blockchain for enhanced market regulation • NAICOM urges World Bank to explore opportunities in Nigeria • Four oil firms post N386b profits amid uncertainty, security concerns • NPA directs TTP to enforce export proceed policy • NAICOM, NCAA set up joint committee on aviation insurance • Fake Tie & Dye imports threaten survival of Adire industry  • 100 illegal miners arrested in Jos – official  • Climate change-induced heatwaves devastate Taraba yam farmers, others   • Customs seizes N4.2bn worth of endangered donkey skins, 21 vehicles • FCMB Group lists 19.8bn shares on NGX after oversubscribed public offer • FG charged to adopt assets-based financing for economic growth • Investments in Mutual Funds rise 80.8% to N4.1trn • Tinubu approves 65 years retirement age for doctors, healthcare workers • Tinubu writes NASS, increases 2025 budget from N49.7trn to N54.2trn • 9mobile loses 6,079 subscribers in 2 months • FG urged to prioritise local solution to address power sector

McPathray Conglomerate

2/11/2025, 9:33:57 AM

Top Business Updates. • JUST IN: Petrol Retail Price Drops Nationwide • Marketers incur huge losses over Dangote Refinery’s price slash • We have an allocation to lift from Warri Refinery. We were lifting from there before -Dr. Billy G. • Ekiti Residents Seek 50% Reduction In Petrol Pump Price • NNPCL under pressure to reduce petrol price amid rivalry with Dangote Refinery • Nigerian refiners blast IOCs over zero crude allocation, as FG plans sanction • Lekki-Epe Airport To Be Completed In Two Years — Lagos Govt • Dangote Peugeot begins 3008 GT assembly in Kaduna, unveils landmark pickup • Fintechs eat banks' N80trn transfers lunch • NRC, APM Terminal begin Lagos-Ibadan freight services • Recapitalisation: Fidelity Bank to raise funds via private placement • Zenith Bank lists 9.67bn shares as equity market gains N477bn • Nigeria to benefit from $4.4bn agro-industrial investment – AfDB • Hospitals groan over debts as FG’s 50% power subsidy delays • 30 states generate N2.8tn, spend N3tn on travels, salaries • Elumelu canvases support for young African entrepreneurs   • Port charges to go up 15% as NPA pushes for efficiency • U.S. opens fully funded 2026 Fulbright foreign student scholarship for master’s degrees  • Nigeria moves up in 2024 Corruption Perception Index, ranks 140  • Tinubu lauds Tolaram on IFC’s $50 million equity investment in Lagos Free Zone  • Nigeria’s non-oil exports reach $5.45bn in 2024 – NEPC • Nigeria’s Agricultural Business Confidence Index maintains positive outlook despite drop in January 2025 

McPathray Conglomerate

2/11/2025, 9:58:55 AM

*3 DAYS TO GO* *UPWARD PRICE REVIEW* 📛🚫🛑❌🛑📛❌⭕ Dear Esteemed Partners, Kindly be informed that the new Promo Price for the following Estates *ends on the 15th of February, 2025* 👉 *Pearlwort: N4.1Million* 👉 *Rubyfield: N4.2Million* 👉 *Maplewoods forte: N9Million* 👉 *Maplewoods Pearl: N7.2Million* 👉 *Northbrooks: N9Million* New Price will be effective immediately. Kindly be informed & Thanks for your Consistent Support. Signed Management 👇👇👇👇

McPathray Conglomerate

2/13/2025, 6:01:22 PM

CBN new regulations of charges on ATM.