July 8, 2025/United Capital Research Equities Market Summary Today, the Nigerian Exchange (NGX) closed on a slightly positive note following share price appreciation in FIRSTHLD (+6.96%) and DANGSUGA (+8.24%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.30% to close at 121,653.93 points. Year To Date returns rose […]
Author: InvestAdvocate
Dangote Refinery Reduces Fuel Price Again, Ex-Depot Price Now N820 Per Litre
July 8, 2025/Dangote Group Dangote Refinery has again within a week interval reduced its ex-depot the price of Premium Motor Spirit (PMS), commonly known as petrol, from N840 per litre to N820 per litre, effective immediately. It would be recalled that the company last week reduced its ex-depot price from […]
How to Stabilize Africa’s Debt
(Credit: Da Kuk/iStock by Getty Images) IMF COUNTRY FOCUS July 8, 2025/IMFBlog In the context of high global uncertainty, tighter global financial conditions, and rising borrowing costs, concerns about sub-Saharan Africa’s debt vulnerabilities are mounting. But the region is tackling this issue head-on and public debt ratios have stabilized on […]
