Updates

Nigeria: AfDB Signs $75Million Loan Agreement to Boost Indorama’s Fertilizer Production, Export Capacity

Indorama’s two operational urea fertilizer lines serve Nigeria’s domestic market, supporting the country’s agricultural sector March 28, 2024/AfDB The African Development Bank has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited. The loan will enable Indorama to increase its fertilizer production and develop a […]

Intraday Update: Nigerian Stocks Gain +0.11%, Driven by Blue Cips

March 28, 2024/InvestmentOne Update ASI as at 12.00pm: +0.11% Top Gainers and Losers: IKEJAHOTEL (+9.91%), UPDCREIT (+9.57%), SOVRENINS (-8.70%) and CHAMS (-7.32%). Sector Performances: Banking (+0.32%), Industrial (+0.04%), Consumer Goods (-0.05%) and Oil and Gas. Market activity: In today’s trade, total volume and value increased by 29% and 45%, respectively […]

NCC Insists on SIM-NIN Deadline

March 28, 2024/CSL Research Telecommunication companies are gearing up to disconnect more Subscriber Identity Modules (SIMs) that are not linked to National Identification Numbers (NIN) on Friday, 29 March 2024. Reuben Mouka, the Director of Public Policy at the Nigeria Communications Commission (NCC), emphasized that there would be no changes […]