Over $10 million will be dedicated to empowering 22,000 women entrepreneurs in Madagascar through AXIAN’s Mvola platform January 31, 2025/AfDB The African Development Bank has approved a $160 million senior corporate loan to support AXIAN Telecom to expand digital access and financial inclusion in nine African countries. The loan will […]
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CSL Fixed-Income Outlook 2025
January 31, 2025/CSL Research In 2024, fixed-income yields across the curve surged by 8.38 percentage points, primarily driven by the Central Bank of Nigeria’s (CBN) tight monetary policy and aggressive fiscal borrowing. In response to persistently high inflation, the CBN raised the monetary policy rate by 875 basis points, with […]
Guinness Nigeria Plc FY 2024: Reduced FX Loans Boost Profit Margins
January 31, 2025/CSL Research Cadbury Nigeria Plc. (Cadbury) reported a 60.7% y/y Revenue growth in its recent unaudited FY 2024 earnings release, with Revenue climbing to ₦129.19 billion from ₦80.38 billion in FY 2023. The topline growth is attributed to increases in product prices, better asset optimization, and the positive […]
