Updates

OPEC Fund Approves Close to $1Billion in New Development Financing

These projects will benefit countries across the globe and aim to bolster infrastructure, food security, renewable energy, economic resilience and governance in partner countries December 10, 2024/OPEC Fund The OPEC Fund for International Development (OPEC Fund) has approved close to US$1 billion in new development financing over the last quarter […]

Intraday Update: Nigerian Stocks Inch Up +0.51%, Buoyed by Blue Chips

December 10, 2024/InvestmentOne Update ASI as at 12.00pm: +0.51% Top Gainers and Losers: GOLDBREW (+9.93%), GUINEAINS (+9.80%), WAPCO (-7.80%) and UNIVINSURE (-5.71%). Sector Performances: Oil & Gas (+1.65%), Industrial (-0.08%), Banking (-0.03%) and Consumer Goods (-0.01%). Market activity: In today’s trade, total volume and value increased by 240% and 34% respectively, […]

AfDB Accelerates Private Sector Support with Initial Disbursement of USD 1 Billion Loan to Transnet

The efficiency of the disbursement reflects Transnet’s fulfilment of the Bank’s rigorous requirements for governance, the environmental stewardship, and social responsibility December 9, 2024/AfDB The African Development Bank has released the first tranche of its $1 billion loan to Transnet, the South African state-owned conglomerate managing the country’s ports, railways […]