December 6, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria Nigeria issues two Eurobonds with yields over 10.00% to address 2024 budget deficit Nigeria has returned to the international capital market for the first time in over two years (March 2022) with a significant Eurobond offering, aimed at funding the […]
Updates
Intraday Update: Nigerian Stocks Inch Up +0.07% on Bellwether Gains
December 6, 2024/InvestmentOne Update ASI as at 12.00pm: +0.07% Top Gainers and Losers: NSLTECH (+7.69%), SOVRENINS (+7.69%), CORNERST (-7.88%) and CHAMPION (-5.00%). Sector Performances: Banking (+0.38%), Industrial (+0.02%), Oil & Gas (-0.15%) and Consumer Goods (-0.02%). Market activity: In today’s trade, total volume and value increased by 89% and 180% […]
AFC-Led Zambia Lobito Rail Project Receives Boost from Biden Visit to Angola
The project is led by the Lobito Corridor consortium, with AFC as the as lead developer, working in partnership with the US Government December 5, 2024/AFC Lobito rail project will break ground by early 2026, AFC CEO Zubairu says at Presidential forum AFC commits up to US$500m in financing for […]
