Updates

Coronation Fixed Income and Exchange Rate Update

October 2, 2024/Coronation Research Summary Market liquidity closed positive at N698.bn on Friday (27, Sept ‘24). Call, overnight, and repo rates closed within the range of 7.5% – 30% as rates in the market tightened.  Last week, the average NTB yield increased by +113bps to close at 21.9% w/w. At […]

Comoros: AfDB Grants over 9 Million Euros for Digitizing the Comorian Economy

The Bank’s financing consists of 4.02 million euros provided by the African Development Fund, the Bank’s concessional loan agency, and a further 5.49 million euros provided by the Bank’s Transition Support Facility October 1, 2024/AfDB he Board of Directors of the African Development Bank (AfDB) Group has approved financing of […]

AfDB, USAID Sign $600 Million Landmark Regional Development Agreement for the Sahel

Through this parallel co-financing agreement, support will be provided to key sectors over the next five years October 1, 2024/AfDB The African Development Bank Group and the United States Agency for International Development (USAID) have signed a landmark Regional Development Objective Agreement (RDOAG) to strengthen social and economic development in […]