Updates

Dangote Denies Owning Truck that Caused the Enugu Accident

September 3, 2025/Dangote Group …Says investigation shows owner as Visco Investment Global Limited   The Management of Dangote Industries Limited, (DIL), has clarified that the truck involved in the recent accident in Enugu State is not owned by the Dangote Group. Investigations  have revealed that the vehicle belongs to Visco […]

Stanbic IBTC Bank PMI: Private Sector Momentum Strengthens, Manufacturing Lags

September 3, 2025/CSL Research The latest Purchasing Managers’ Index (PMI) report from Stanbic IBTC Bank shows that Nigeria’s private sector sustained strong growth momentum in August 2025, supported by rising demand and easing inflationary pressures. The headline PMI increased to 54.2 in August from 54.0 in July, the ninth consecutive […]

Afreximbank’s A-/Stable rating confirmed by Japan’s Credit Rating Agency

The rating reflects JCR’s assessment of Afreximbank’s strong strategic positioning, robust risk management framework, consistent profitability, prudent liquidity policies and resilient capital base September 3, 2025/Afreximbank Japan Credit Rating Agency, Ltd. (JCR) has affirmed African Export-Import Bank’s (Afreximbank) A- issuer credit rating with a stable outlook. Download report: https://apo-opa.co/3JGKs3T The […]