December 5,2024/Cordros Report EQUITIES The local bourse ended today’s session on a bearish note, as profit-taking activities in WAPCO (-2.1%), ARADEL (-1.5%), and ZENITHBANK (-1.7%) caused a 0.1% decline in the All-Share Index to 98,114.11 points. Sequentially, the Month-to-Date and Year-to-Date returns moderated to +0.6% and +31.2%, respectively. The […]
Author: InvestAdvocate
A Successful Eurobond Issuance
December 5, 2024/CSL Research On Tuesday, December 2, 2024, Nigeria successfully raised $2.2 billion through Eurobonds in the international capital markets, marking its first issuance in over two years. The previous issuance occurred in March 2022, when the country secured $1.25 billion at an interest rate of 8.35%. The latest […]
AFC-Led Zambia Lobito Rail Project Receives Boost from Biden Visit to Angola
The project is led by the Lobito Corridor consortium, with AFC as the as lead developer, working in partnership with the US Government December 5, 2024/AFC Lobito rail project will break ground by early 2026, AFC CEO Zubairu says at Presidential forum AFC commits up to US$500m in financing for […]

