Author: InvestAdvocate

Truecaller Crosses 500 Million Users: Sets a New Global Standard for Trusted Communication

March 31, 2026/Truecaller Truecaller, the leading global platform for safe and trusted communication, today announced that it has surpassed 500 million users worldwide, marking a significant milestone in the company’s mission to build trust in communication. The platform continues to see significant user growth, adding over 50 million users in […]

Afreximbank Leads $4bn Financing for Dangote Refinery with $2.5Bn Commitment

African Export-Import Bank has underwritten $2.5 billion in a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals, in a move aimed at strengthening the refinery’s financial position and supporting its long-term growth and expansion strategy. The five-year facility, arranged alongside Access Bank as co-Mandated Lead Arrangers, […]

Market Extends Gains with Strong Uptick in Trading Activity

March 31, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in MTNN(+5.85%) and PZ (+4.59%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rising by 0.40% to settle at 201,287.78 points Year to date returns rose to 29.35% Market capitalisation also rose by 0.40% to close at N129.21tn ($93.39bn) Activity level in the market was positive with the total value of stocks traded and the total volume of […]