Updates

Afreximbank to Double Intra-African Trade Financing to $40 Billion by 2026

Afreximbank had been a champion in facilitating intra-African trade since its founding and that it had committed US$1 billion to support the funding of the AfCFTA Adjustment Fund August 9, 2024/Afreximbank African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 […]

Intraday Update: Nigerian Stocks Gain +0.32%, Driven by Blue Chips

August 9, 2024/InvestmentOne Update ASI as at 12.00pm: +0.32%  Top Gainers and Losers: JBERGER (+10.00%), MECURE (+9.94%), CUSTODIAN (-9.77%) and DAARCOMM (-9.09%).  Sector Performances: Banking (+1.06%), Oil & Gas (+0.51%), Industrial, and Consumer Goods.   Market activity: In today’s trade, total volume, and value both decreased by 42% and 48% respectively, when compared to this time yesterday, […]

FGN, DiFZIN Inaugurate Committee for the Establishment of Digital Free Zone for Technology and Global Service Businesses

Federal Government of Nigeria & Digital Free Zones in Nigeria (DiFZIN) inaugurate committee for the Establishment of Digital Free Zone for Technology and Global Service Businesses August 9, 2024/AFC In a bid to drive the ease of doing business for global digital, finance, knowledge- and services-oriented enterprises in Nigeria, the […]