The project will also deliver targeted support, including training of trainers, to 80 small and medium-sized enterprises (SMEs) that are ready to start exporting their products April 15, 2026/AfDB The Board of Directors of the African Development Fund (ADF) has approved a grant of 1.7 billion CFA francs to finance […]
Author: InvestAdvocate
Dangote Sugar Shareholders Approve Landmark N500bn Rights Issue for Strategic Expansion
April 15, 2026/Dangote Group … Applaud Management Performance, Commitment to Backward Integration Dangote Sugar Refinery Plc has received shareholders’ approval for a N500 billion Rights Issue, thus positioning the company to strengthen its financial standing, expand its capital base, and accelerate strategic initiatives. The Rights Issue, the shareholders reasoned will […]
Headline Inflation Reverses Disinflation Trend, Rises to 15.38% Y/Y in March
April 15, 2026/Cordros Report Nigeria’s headline inflation rose by 32bps to 15.38% y/y in March (February: 15.06% y/y) – the first increase since March 2025. The outturn is 2bps lower than our revised estimate of 15.40% y/y. On a month-on-month basis, consumer prices rose at a faster pace by 4.18% (February: […]
