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NGXASI Dips -0.21% on Selloffs in GTCO, Oando, UACN

October 17, 2024/InvestmentOne Report The NGXASI declined today by 0.21% to close at 98,081.38pts as the selloffs in the share prices of GTCO (-3.85%), OANDO (-5.82%) and UACN (-6.70%) drove the local bourse into the negative territory. In the fixed income space, the Treasury Bills secondary market closed slightly upwards as the […]

Refinery Boost: Aliko Dangote Now 65th Richest Person in the World with $28Bn

…Five more Africans made latest Billionaires Index October 17, 2024/Dangote Group President of Dangote Group, Aliko Dangote remains the richest man in Africa, and now the 65th richest man in the World, despite the volatility of the Nigerian currency against the dollar. Bloomberg, in its latest top 500 Billionaires Index […]

IMF MD Kristalina Georgieva Reviews Poverty Reduction and Growth Trust

October 17, 2024/IMF The Executive Board of the International Monetary Fund (IMF) today completed the Review of Poverty Reduction and Growth Trust (PRGT) Facilities and Financing, the IMF’s vehicle for providing concessional financing to low-income member countries. Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement: […]