September 5, 2022/Modion Communications Axxela Limited (“Axxela”), one of the leading energy solutions providers in Sub-Saharan Africa, has announced the upward revision by Global Credit Ratings (GCR) of Axxela’s national scale long-term issuer rating of A- from Stable to a Positive Outlook. The upward revision was also accorded to Axxela […]
Updates
How Debt-for Climate Swap Offers Relief to Nigeria, Africa’s Debt Burden-Osinbajo
*VP’s ideas exciting, fresh thinking, says USAID Administrator September 5, 2022/OVP If and when Nigeria’s idea for a Debt-For-Climate Swap deal, tabled last week in the US at different forums and events including at the White House by Vice President Yemi Osinbajo, SAN, is widely accepted, the Federal Government would […]
MIDDAY UPDATE: Nigerian Stocks Rise +0.19% Driven by Banking Counters
September 2, 2022/InvestmentOne Update ASI as at 12.00pm: +0.19% Market movers: NEM (+9.80%), ETRANZACT (+6.00%), RTBRISCOE (-8.57%) and CAVERTON (-7.89%). Sector Performances: Banking (+1.23%), Oil and Gas (-0.10%), Consumer Goods and Industrial. Market activity: In today’s trade, total volume and value increased by 49% and 44% respectively compared to this […]
