Updates

AfDB Launches New $2Bn 4.125% 3-Year Social Global Benchmark Due 25 February 2027

With this transaction, the African Development Bank continues to carry out its funding strategy of issuing large liquid benchmark transactions and adds another on-the-run reference in the 3-year maturity January 22, 2024/AfDB The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable), has launched and priced a USD 2 […]

US Fed Announces Five New Members of Its Community Advisory Council

January 22, 2024/US Federal Reserve The Federal Reserve Board on Monday announced five new members of its Community Advisory Council, or CAC. The CAC is composed of a diverse group of experts and representatives of consumer, workforce, and community development organizations and interests. CAC members provide information, advice, and recommendations […]

Intraday Update: Nigerian Stocks Advance +1.42% Driven by Blue Chips

January 22, 2024/InvestmentOne Update ASI as at 12.00pm: +1.42% Top Gainers and Losers: DANGCEM (+9.99%), ETERNA (+9.80%), CADBURY (-10.00%) and FLOURMILL (-10.00%). Sector Performances: Industrial (+5.26%), Oil & Gas (+0.55%), Consumer Goods (-1.19%) and Banking (-0.90%). Market activity: In today’s trade, total volume and value increased by 3% and 28% respectively, […]