November 17, 2021/AA & Investment Group Mars Exploration & Production Company Limited has secured a USD 274 Million senior reserve-based lending facility from Afreximbank. Signed yesterday at the ongoing Intra-African Trade Fair IATF in Durban, South Africa by its Founder and Executive Chairman, Mr. Abdullahi Bashir, Mars E & P […]
Updates
Boeing Backs Africa’s First Aviation Hub by Kenya Airways
Kenya Airways Fahari Innovation Hub aims to stimulate innovation and accelerate the development of the aviation industry across the continent. November 17, 2021/Edelman Boeing has announced a partnership with Kenya Airways to support its recently launched, Fahari Innovation Hub. The announcement ceremony took place at the Dubai Airshow 2021, with Kuljit Ghata-Aura, […]
Coronation Fixed Income and Exchange Rate Update
November 16, 2021/Coronation Research Summary Opening market liquidity was reported at N439.3bn on Friday (12 Nov ‘21). Overnight and repo rates closed within a range of 14.5-15.3%. Last week, the average NTB yield declined by 15bps w/w to close at 5.2%. This is due to the moderation in stop rate […]
