Updates

Afreximbank Extends EUR15-Million Factoring Line of Credit to Banque Postale du Congo

Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development at Afreximbank with Mr. Calixte Tabangoli, Chief Executive Officer of Banque Postale du Congo during the signing ceremony. Image Credit: Afreximbank The facility builds on a strong and evolving partnership between Afreximbank and BPC, which began in 2018 with […]

Intraday Update: Nigerian Stocks Inch Up +0.14%, Buoyed by Blue Chips

May 8, 2025/InvestmentOne Update ASI as at 12.00pm: +0.14% Top Gainers and Losers: CILEASING (+9.87%), ACADEMY (+9.78%), LEGENDINT (-8.50%) and REGALINS (-8.33%). Sector Performances: Banking (+0.64%), Consumer Goods (-1.13%), Oil & Gas (-0.13%) and Industrial. Market activity: In today’s trade, total volume and value declined by 20% and 10% respectively […]

United States Fed Holds Policy Rate at 4.25%-4.50%

May 8, 2025/CSL Research The United States Federal Reserve held its benchmark interest rate steady at 4.25% to 4.50% following its two-day Federal Open Market Committee (FOMC) meeting on May 7, 2025. This marks the third consecutive meeting since the end of 2024 in which the Fed has opted to […]