Author: InvestAdvocate

Aliko Dangote Hails IBB: ‘You’re Architect of Private Sector in Nigeria’

… Donates N8bn to Presidential Library, Pledges N2bn Annually Until Completion  February 20, 2025/Dangote Group The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has praised former Head of State, Gen. Ibrahim Badamasi Babangida, popularly known as IBB, for implementing policies that liberated the private sector in Nigeria […]

ACCESS, FIDELITY, ZENITHBANK Drags NGXASI to -0.04% Loss

February 20, 2025/InvestmentOne Report The NGXASI declined by 0.04% today to close at 108,568.50pts, as the decrease in the share price of ACCESSCORP (-2.18%), ZENITHBANK (-0.99%) and FIDELITYBK (-2.63%) pushed the local equities market into the negative terrain. In the fixed income space, the Treasury Bills secondary market exhibited a bullish performance […]

Post MPC February 2025: MPC Holds the Policy Rate Steady at 27.50%

February 20, 2025/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) halted its policy rate tightening cycle at the first meeting of the year, marking the first pause since it began raising rates in May 2022. The MPC’s decision was primarily steered by its optimistic […]