Peak orderbook of $6 billion reached February 1, 2024/AfDB The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable) has successfully launched and priced its first Sustainable US dollar-denominated 750 million perpetual subordinated hybrid capital notes. On the 30th of January 2024 the African Development Bank launched a hybrid […]
Updates
FG Commends Dangote Cement for Vital Roles in Economic Diversification
…Minister lauds Cement Plant’s promotion of best practices February 1, 2024/Dangote Group The Federal Government has commended the leading roles being played by the Dangote Group to complement government’s efforts to diversify the nation’s economy and the company’s dedication to promotion of best practices in all its operations. The […]
Intraday Update: Nigerian Stocks Gain +1.52%, Driven by Blue Chips
February 1, 2024/InvestmentOne Update ASI as at 12.00pm: +1.52% Top Gainers and Losers: GTCO (+10.00%), NASCON (+9.98%), VITAFOAM (-10.00%) and UPDC (-10.00%). Sector Performances: Banking (+7.33%), Consumer Goods (+3.20%), Oil & Gas (-0.48%)and Industrial (-0.20%). Market activity: In today’s trade, total volume increased by 53% while total value decreased by 50%, […]
