New exposure exchange agreement will offer a countercyclical capital buffer October 28, 2024/AfDB The African Development Bank and the Asian Development Bank have signed a $1 billion exchange exposure agreement (EEA) aimed at enhancing the African Development Bank’s capital position and its capacity for sustainable lending across Africa. The agreement, […]
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United Capital Research Investment Views This Week, 21st October to 25th October 2024
October 28, 2024/United Capital Research Global Markets: Most Markets Closed Lower. Last week, the focus in US markets shifted to the earnings season with over 20.00% of companies in the S&P 500 reporting their results. The early earnings season started positively with financials, but as more industries reported, results became […]
Dangote Backs Tinubu’s CNG Drive, Invests over $280M in Trucks, Infrastructure
… becomes the largest operator of CNG trucks in Nigeria October 28, 2024/Dangote Group In a demonstration of its support for President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner fuelling alternatives for all Nigerians, Dangote Cement Plc has made significant investments exceeding $280 million in […]
