February 3, 2025/Coronation Research Summary System liquidity closed positive for the second consecutive week at N721.34bn (31st January ’25). The Open Repo Rate (OPR) and Overnight Rate (O/N) closed higher at 29.14% and 29.57% respectively. We expect interbank rates to trend lower on the back of strong liquidity. In the […]
Updates
Dangote Refinery Crashes Ex-Depot Price of PMS to N890
February 1, 2025/Dangote Group In a bold move to drive economic relief for Nigerians, Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday. This price adjustment is in response to favourable developments in […]
Solar Inverters Can Address Africa’s Energy Grid Outage Problems, Says d.light
Image Credit: d.light Solar inverters are a cleaner, cheaper alternative to diesel generators for grid backup February 3, 2025/d.light Solar inverters can support households and businesses in towns and cities whose own power supplies are vulnerable to frequent national grid outages. That’s according to Karl Skare, Chief Product and Strategy […]
