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Afreximbank Announces Aim to Double Creative Africa Nexus Funding to $2Billion to Boost Africa’s Creative Economy

Afreximbank has seen a significant increase in opportunities within industries from film production and music to fashion manufacturing and sports October 18, 2024/Afreximbank President and Chairman of the Board of Directors of Afreximbank, Professor Benedict Oramah, has announced that Afreximbank will increase its funding to the Creative Africa Nexus (CANEX) […]

Oil Slides in the Absence of Israeli Retaliation Attack

October 18, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Geopolitical risk premiums have gradually evaporated from oil prices as ICE Brent futures slid back to $73 per barrel, a level last seen in the first days of October. Whilst the wait for an Israeli retaliation vis-à-vis Iran is still ongoing, the slowdown […]

Nigerian Stocks Close Week with +0.5% Gain, Buoyed by Oil & Gas Counters

Strong buying interest in oil & gas stocks supported the market’s performance as the All-Share Index advanced by 0.5% w/w to 98,070.47 points. October 18, 2024/Cordros Report Global Consumer prices in the United Kingdom (UK) fell below the Bank of England’s 2.0% medium-term target for the first time since 2021. […]