September 3, 2025/United Capital Report Equities Market Summary Today, the Nigerian Stock Exchange Market closed on a negative note following share price depreciation in NB (-5.71%) and UBA (-2.03%). As a result, the benchmark All-Share Index (NGX-ASI) fell by 0.45% to close at 138,157.14 points. Year to date returns weakened […]
Author: InvestAdvocate
Stanbic IBTC Bank PMI: Private Sector Momentum Strengthens, Manufacturing Lags
September 3, 2025/CSL Research The latest Purchasing Managers’ Index (PMI) report from Stanbic IBTC Bank shows that Nigeria’s private sector sustained strong growth momentum in August 2025, supported by rising demand and easing inflationary pressures. The headline PMI increased to 54.2 in August from 54.0 in July, the ninth consecutive […]
Afreximbank’s A-/Stable rating confirmed by Japan’s Credit Rating Agency
The rating reflects JCR’s assessment of Afreximbank’s strong strategic positioning, robust risk management framework, consistent profitability, prudent liquidity policies and resilient capital base September 3, 2025/Afreximbank Japan Credit Rating Agency, Ltd. (JCR) has affirmed African Export-Import Bank’s (Afreximbank) A- issuer credit rating with a stable outlook. Download report: https://apo-opa.co/3JGKs3T The […]
