November 18, 2024/CSL Research As anticipated, Nigeria’s headline inflation rose to 33.88% in October 2024, marking the second consecutive monthly increase after two months of decline in July and August. This represents an uptick of 1.18 percentage points from the 32.70% y/y recorded in September. Compared with the same period […]
Updates
AFC Secures US$300 Million Loan, Expanding Investor Base with Indian Lenders
This landmark transaction, commemorated in Dubai, underscores AFC’s robust standing as an investment-grade rated development financial institution with a unique ability to attract diverse global investors November 18, 2024/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has successfully closed a US$300 million India-focused syndicated loan, marking a […]
Intraday Update: Nigerian Stocks Inch Up +0.04%, Drive by Blue Chips
November 18, 2024/InvestmentOne Update ASI as at 12.00pm: +0.04% Top Gainers and Losers: JOHNHOLT (+9.97%), BETAGLAS (+9.92%), TIP (-9.09%) and SUNUASSUR (-7.35%). Sector Performances: Industrial (+0.19%), Banking (-0.15%), Oil & Gas (-0.11%) and Consumer Goods (-0.09%). Market activity: In today’s trade, total volume and value decreased by 21% and 55% […]
