Author: InvestAdvocate

Dangote Says Nigeria Can Become a Refining Hub

…Saves Africa’s $17bn Petrol Products Imports October 8, 2024/Dangote Group   Nigeria must enhance its crude oil production capacity and effectively manage its crude supply to ensure adequate feedstock for domestic refineries, in order to transit from a net importer to a net exporter of petroleum products. Chairman of Dangote […]

FGN Savings Bond Notification for October 2024

Image Credit: FSDH October 8, 2024/FSDH Update The October 2024 FGN Savings Bond has begun. Kindly find the summary of Offer below:  2-Year FGN Savings Bond due October 16, 2026: 17.084% per annum 3-Year FGN Savings Bond due October 16, 2027: 18.084 % per annum                Opening Date: October 7, 2024 […]

NGXASI DIPS -0.12%, Dragged by GTCO, MTNN, OANDO

October 8, 2024/InvestmentOne Report The NGXASI declined today by 0.12% to close at 97,584.81pts as losses in OANDO (-5.84%), GTCO (-3.67%) and MTNN (-0.58%) buoyed the equities market into the negative terrain. In the fixed income space, the Treasury Bills secondary market closed up as we observed buying pressure on the short […]