Other News

Bank commemorates 60 years of impact in Ethiopia

From 1975, when the Bank first began operations in Ethiopia, it has financed 213 projects including 39 in transportation, 28 in energy; 66 in agriculture; and some five projects in job creation December 12, 2024/AfDB Ethiopia has joined other countries across the continent to celebrate the African Development Bank’s 60th […]

Seplat Energy Completes Acquisition of MPNU

·        Seplat Energy becomes Nigeria’s leading independent energy company ·        Production doubles, combined assets include 11 blocks (onshore and shallow water Nigeria); 48 producing oil and gas fields; 5 gas processing facilities; and 3 export terminals ·        Approximately 1,000 staff and 500 contractors will transition to the Seplat Group.  December […]

Nigerian Equities Close Higher +0.3%, Buoyed by WAPCO

December 12, 2024/Cordros Report EQUITIES The domestic stock market closed higher for the third consecutive day as sustained interest in WAPCO (+6.1%) caused a 0.3% increase in the NGX ASI to 98,760.59. Accordingly, the Month-to-Date and Year-to-Date returns improved to +1.3% and +32.1%, respectively. The total trading volume increased by […]