GCR

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GCR Affirms Dangote Industries Limited’s Ratings Of AA+(NG)/A1+(NG) On Strong Earnings Prospects From New Refinery

Felix Ifijeh, THEWILL -
August 06, (THEWILL) – GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively, accorded to Dangote Industries Limited (DIL). In its recent report, GCR also affirmed the national scale long-term issue...
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BusinessOgochukwu Onwaeze, THEWILL -

Oil Derivation Revenue Surges, Outpaces IGR Growth in 9 States

The nine states, Abia, Akwa Ibom, Anambra, Bayelsa, Delta, Edo, Imo, Ondo and Rivers received a combined N1.51 trillion from the 13 percent derivation fund in 2025, up from N671.92 billion in 2024.
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