April 29, 2025/CSL Research The cement industry kicked off 2025 on a robust note, delivering impressive financial results in the first quarter. Total Revenue for all listed cement producers surged by 37.4% year-on-year (y/y) to ₦1.53 trillion, up from ₦1.12 trillion in Q1 2024. This topline growth was largely driven […]
Updates
Mastercard and Corpay Launch Strategic Partnership in Cross-Border Payments
April 29, 2025/Mastercard Mastercard invests in Corpay’s cross-border business unit. Corpay becomes exclusive partner for commercial cross-border payments distributed to Mastercard’s financial institution customers. Mastercard and Corpay today announced an expansion of their partnership to deliver an enhanced suite of corporate cross-border payment solutions. As a result, Mastercard’s financial institutions […]
Coronation Fixed Income and Exchange Rate Update
April 29, 2025/Coronation Report Summary Last week, system liquidity closed in the positive at N1.78tn (25th April, ’25) from N103.01bn in the previous week, increasing by significantly w/w. The Open Repo Rate (OPR) and Overnight Rates (O/N) decreased by 510bps to close at 26.50%, and 517.5bps to close at 26.88% […]
