Author: InvestAdvocate

AfDB Accelerates Private Sector Support with Initial Disbursement of USD 1 Billion Loan to Transnet

The efficiency of the disbursement reflects Transnet’s fulfilment of the Bank’s rigorous requirements for governance, the environmental stewardship, and social responsibility December 9, 2024/AfDB The African Development Bank has released the first tranche of its $1 billion loan to Transnet, the South African state-owned conglomerate managing the country’s ports, railways […]

NGXASI Advance +0.10%, Driven by Banking Counters

December 6, 2024/InvestmentOne Report The NGXASI advanced by 0.10% today to close at 98,210.75pts, as gains in ACCESSCORP (+3.12%), UBA (+1.345%) and GTCO (+0.85%) drove the domestic bourse into the green terrain. In the fixed income space, the Treasury Bills secondary market traded on a negative note, largely due to selloffs observed […]

Dangote Sugar Opens Series 6 & 7 Commercial Papers Issuance

December 6, 2024/FSDH Update Dangote Sugar Refinery PLC’s (“DSR” or the “Company” or the “Issuer”) Series 6 and 7 Commercial Paper offer of up to ₦50 billion under its ₦150bn Commercial Paper Issuance Programme (the “Offer”). The Offer is NOW OPEN and scheduled to close on Thursday, 12 December 2024. The Company is a subsidiary of Dangote […]