Updates

AfCFTA Adjustment Fund Credit Fund Closes First Deal – US$ 10 Million Investment in Telecel Global Services

By investing in digital infrastructure in underserved markets, the Fund is helping reduce trade barriers, foster cross-boarder productivity and accelerate inclusive industrialisation July 8, 2025/Afreximbank The Credit Fund of the AfCFTA Adjustment Fund has successfully closed its first investment, committing US$10 million to Telecel Global Services Ltd, through a senior […]

Dangote Refinery Reduces Fuel Price Again, Ex-Depot Price Now N820 Per Litre

July 8, 2025/Dangote Group Dangote Refinery has again within a week interval reduced its ex-depot the price of Premium Motor Spirit (PMS), commonly known as petrol, from N840 per litre to N820 per litre, effective immediately. It would be recalled that the company last week reduced its ex-depot price from […]

Coronation Weekly Update

Image Credit:Coronation Research July 7, 2025/Coronation Report Summary   System liquidity closed the week on a positive note at N468.52bn, down by N1.12trn from the previous week. This decrease was largely driven by CBN issuance of Open Market Operations (OMO) bills (with allotment of N745.40bn), mopping up increased liquidity levels from […]