Current account surplus rises to 9.2% of GDP in 2024 April 14, 2025/CSL Research Global credit rating agency Fitch has upgraded Nigeria’s long-term foreign currency issuer default rating from “B-” to “B” and revised the outlook from positive to stable. The upgrade reflects growing confidence in the government’s commitment to […]
Author: InvestAdvocate
How Rising Geopolitical Risks Weigh on Asset Prices
(Credit: kentoh/iStock by Getty Images) By Salih Fendoglu, Mahvash S. Qureshi, and Felix Suntheim Global geopolitical risks remain elevated, raising concerns about their potential impact on economic and financial stability. Shocks such as wars, diplomatic tensions, or terrorism can disrupt cross-border trade and investment. This can hurt asset prices, affect financial institutions, […]
NGXASI Dips -0.03% on Losses in Banking Counters
April 14, 2025/InvestmentOne Report The NGXASI declined by 0.03% today to close at 104,529.62pts, as the selling interest in UBA (-3.10%), STANBIC (-4.76%) and FIDELITYBK (-6.19%) pushed the Nigerian bourse into the red zone. In the fixed income space, the Treasury Bills secondary market closed negative amid the sell pressure noticed across […]
