The approval, granted on November 29, is part of SNIM’s $467 million logistics expansion program, which aims to double the transport capacity of its iron ore railway by 2030 December 18, 2024/AfDB – The Board of Directors of the African Development Bank Group has approved a $150 million senior loan […]
Author: InvestAdvocate
Intraday Update: Nigerian Stocks Inch Up +0.09%, Driven by Blue Chips
December 18, 2024/InvestmentOne Update ASI as at 12.00pm: +0.09% Top Gainers and Losers: MRS (+9.99%), LEARNAFRCA (+9.97%), AFRIPRUD (-9.37%) and CONHALLPLC (-8.33%). Sector Performances: Oil & Gas (+0.33%), Consumer Goods (+0.08%), Banking (+0.06%) and Industrial. Market activity: In today’s trade, total volume and value declined by 31% and 69%, when […]
Coronation Fixed Income and Exchange Rate Update
December 17, 2024/Coronation Research Summary Opening market liquidity stood at a negative position of N1.50trn (13 Dec ’24), driven by a large sale of T-bills and OMO issuances during the week. Call, overnight and repo rates closed within a range of 6.88% – 32.92%, indicating a tight liquidity condition. Our […]
