Author: InvestAdvocate

EBRD supports Egypt with First Private-to-Private Electricity Contracts

Image Credit: EBRD June 10, 2025/EBRD By Nibal Zgheib Egypt approves first private-to-private green energy contracts for 400 MW New pilot scheme enables direct power sales from producers to industries EBRD supports EgyptERA with regulatory design and market implementation Energy market reform is taking a major step forward in Egypt […]

Nigerian Equities Open Week Bullish +0.2% on Gains in Blue Chips

June 10, 2025/Cordros Report EQUITIES The Nigerian equities market commenced the week on a bullish note as gains in BUAFOODS (+4.3%), GTCO (+1.6%), and PRESCO (+3.4%) drove the All-Share Index higher by 0.2% to 114,820.86 points. Accordingly, the Month-to-Date and Year-to-Date returns settled higher at +2.8% and +11.6%, respectively. The […]

NGX-ASI Closed Bullish…Up by 18bps

June 10, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in BUAFOODS (+4.32%) and GTCO (+1.64%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.18% to close at 114,820.75 points. YTD returns settled at 11.56%, while market capitalization closed […]