Author: InvestAdvocate

NGXASI Dips -0.01% on Losses in Industrial Goods, Banking Counters

June 30, 2025/InvestmentOne Report The NGXASI declined by 0.01% today to close at 119,978.57pts, as the losses recorded in WAPCO (-3.00%), GTCO (-1.52%) and ZENITHBANK (-1.81%) drove the local bourse into the red zone.   In the fixed income space, the Treasury Bills secondary market traded on a relatively positive note driven […]

Energy Experts Say Dangote’s Initiative will Reduce Production Costs, Ease Inflationary Pressures, and Stimulate Economic Growth

June 30, 2025/Dangote Group The new initiative of the Dangote Petroleum Refinery has continued to draw accolades from energy experts in the country, with some describing it as the best that has happened to the sector since Independence. The Chief Executive of Financial Derivatives Company, Bismarck Rewane, said the company’s […]

AfDB, AIIB Sign MoU Renewing Their Collaboration on Sustainable Economic Development for Africa

African Development Bank president Dr. Akinwumi Adesina, and AIIB President and Chair of the Board of Directors Jin Liqun. Image Credit: aiib.org The MOU will promote among other things, co-financing, co-guaranteeing and other forms of joint participation in financial assistance for development projects primarily in sustainable infrastructure June 30, 2025/AfDB […]