Updates

Composite PMI Contracts -49.6% in October 2024

November 14, 2024/CSL Research The Central Bank of Nigeria (CBN) recently released the Purchasing Managers’ Index (PMI) survey for October 2024, covering three key sectors: Industry, Services, and Agriculture. The October 2024 composite PMI score was 49.6 points, indicating a contraction in economic activities. Typically, an index above 50.0 points […]

Climate Investment Funds Capital Markets Mechanism Announces Bond Listing on London Stock Exchange to Boost Climate Finance for Africa

First time a multilateral climate fund will use the strength of its balance sheet to unlock urgently needed climate finance – Dr. A Adesina, African Development Bank President November 14, 2024/AfDB The Climate Investment Funds Capital Markets Mechanism (CCMM) has announced its bond listing programme (https://apo-opa.co/3CsQ7qw) on the London Stock Exchange, […]

IOSCO Publishes its Final Report on Promoting Financial Integrity and Orderly Functioning of Voluntary Carbon Markets

November 14, 2024/IOSCO IOSCO marks COP29 by releasing its Final Report on promoting the financial integrity and orderly functioning of the Voluntary Carbon Markets (VCMs). IOSCO’s work on carbon markets spans three years, during which it has published recommendations for Compliance Carbon Markets (CCMs), with a particular focus on Emissions […]