January 26, 2026/Dangote Group Vice President Kashim Shettima has said Nigeria is on the threshold of becoming a net exporter of refined petroleum products, driven by the operational capacity of the Dangote Petroleum Refinery, Africa’s largest single-train refinery located in Lagos. Shettima made the declaration on Thursday while speaking at […]
Updates
Nigerian Equities End Week Bearish -0.4% on Blue Chips Losses
Nigerian Equities traded with bearish sentiments, as profit-taking in BUAFOODS (-3.6%), BUACEMENT (-3.8%), TRANSCORP (-7.2%), FIRSTHOLDCO (-5.8%), and WAPCO (-3.6%) caused the All-Share Index to decline by 0.4% w/w to 165,512.18 points. January 23, 2026/Cordros Report Global According to the Office for National Statistics (ONS), headline inflation in the UK […]
Afreximbank Announces Termination of Its Credit Rating Relationship with Fitch
This decision follows a review of the relationship, and its firm belief that the credit rating exercise no longer reflects a good understanding of the Bank’s Establishment Agreement January 23, 2026/Afreximbank African Export-Import Bank (Afreximbank) has today officially terminated its credit rating relationship with Fitch Ratings. This decision follows a […]
