Updates

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 August 27, 2025/Afreximbank Japan Credit Rating Agency, Ltd. (JCR) has affirmed African Export-Import Bank’s A- issuer credit rating with a stable outlook. The rating reflects JCR’s assessment […]

Rates Rebound Amid Increased FGN Bond Supply

August 27, 2025/Coronation Research Summary   The Debt Management Office held its monthly auction of FGN Bonds on Monday (25th Aug ’25). It offered N200.00bn (vs. N80.00bn at the last auction) through the new issuance of the 17.95% FGN AUG 2030 (5-year) and the reopening of the 17.95% FGN JUN 2032 […]

Dangote Installs Cameras on CNG Trucks, Recertifying All Truck Drivers

August 27, 2025/Dangote Group Enforcing its zero tolerance for auto crashes, the Dangote Articulated Trucks Drivers Training School (DATDTS), in collaboration with the Federal Road Safety Corps (FRSC), is implementing stricter entry requirements for aspiring drivers.  This development comes as Dangote Cement Plc undertakes the recertification and screening of all […]