February 7, 2025/InvestmentOne Report The NGXASI advanced by 0.48% today to close at 105,933.03pts, as gains in WAPCO (+5.71%), ZENITHBANK (+3.38%) and UBA (+3.03%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed positive as yields had declined across all tenors of […]
Author: InvestAdvocate
Blue Chips Buoy Nigerian Stocks to 1.3% Weekly Gain, Year-to-Date Rise +2.9%
Notably, gains in PRESCO (+19.7%), FBNH (+10.2%), and MTNN (+2.0%) drove a 1.3% w/w increase in the All-Share Index to 105,933.03 points, bringing the Year-to-Date return to +2.9%. February 7, 2025/Cordros Report Global According to recently released data from Eurostat, the Euro Area’s consumer prices rose to a six-month high […]
AFC Raises $400 Million in Shariah-Compliant Commodity Murabaha Facility to Fund African Infrastructure
AFC has consistently broadened its funding portfolio with innovative transactions that open new capital markets to attract global investors to African infrastructure February 7, 2025/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has successfully closed a US$400 million Shariah-compliant Commodity Murabaha facility, marking its strategic return to […]
