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FBNH, FIDELITYBANK, Dangote Cement Drags NGXASI to -0.44% Loss

January 28, 2025/InvestmentOne Report The NGXASI declined by 0.44% today to close at 103,958.75pts, as losses in FIDELITYBK (-6.00%), FBNH (-5.49%) and DANGCEM (-3.75%) drove the local bourse into the red terrain. In the fixed income space, the Treasury Bills secondary market traded on a negative note largely due to selloffs on […]

Revisiting the Africa-Paris Declaration: Progress, Challenges and the Road Ahead for African Energy

The Africa-Paris Declaration remains key to Africa’s energy goals, with the 2025 Invest in African Energy Forum serving as a platform to assess progress and address ongoing challenges January 28, 2025/Energy Capital & Power The Africa-Paris Declaration, forged during the 2024 Invest in African Energy (IAE) Forum in Paris, was […]

Dangote Sets to Buy 12 Million Barrels of Crude Oil from US for Refinery Operations

January 28. 2025/Dangote Group The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States. The refinery resorted to crude importation as local supply challenges hindered the new $20bn refinery’s push to reach full refining capacity. Recall that the refinery plans to reach […]