August 9, 2024/Dangote Group Management of Dangote Petroleum Refinery has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), to enforce the domestic crude supply obligation as specified in the Petroleum Industry Act (PIA), insisting that refineries in Nigeria should be allowed to buy crude directly from the companies that produce […]
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UBA, MTNN, OANDO Drive Nigerian Stocks to +0.50% Gain
August 9, 2024/InvestmentOne Report The NGXASI advanced by 0.50% today to close at 98,605.79pts on the back of the gains seen on UBA (+7.98%), OANDO (+9.88%) and MTNN (+0.91%) which propelled the market into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a bullish note […]
Afreximbank to Double Intra-African Trade Financing to $40 Billion by 2026
Afreximbank had been a champion in facilitating intra-African trade since its founding and that it had committed US$1 billion to support the funding of the AfCFTA Adjustment Fund August 9, 2024/Afreximbank African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 […]
