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Nigerian Equities Ends Week Marginally Higher +0.1% on Mixed Sentiments in Blue Chips

The Nigerian equities market traded marginally higher this week as gains in WAPCO (+28.6%) and DANGSUGAR (+16.7%) outweighed losses in FBNH (-8.0%) and ACCESSCORP (-7.5%), nudging the All-Share Index up by 0.1% w/w to 97,725.64 points. November 22, 2024/Cordros Report Global According to the Office for National Statistics (ONS), consumer […]

OPEC Fund for International Development First sustainability-Linked Financing to Boost Agriculture in Africa

The financing will enhance ETG’s working capital, strengthen food systems and support the livelihoods of more than 600,000 smallholder farmers across sub-Saharan Africa November 21, 2024/OPEC Fund The OPEC Fund for International Development (the OPEC Fund) (www.OPECFund.org) has signed a US$40 million loan as part of a US$394 million sustainability-linked […]

SEC Charges Three Senior Executives in Two Actions Alleging Massive Bribery Scheme Involving Indian Energy Companies Adani Green and Azure Power

November 21, 2024/US SEC On November 20, 2024, the Securities and Exchange Commission charged Gautam Adani and Sagar Adani, executives of Adani Green Energy Ltd., and Cyril Cabanes, an executive of Azure Power Global Ltd., for conduct arising out of a massive bribery scheme. According to the SEC’s allegations, the […]