Indorama’s two operational urea fertilizer lines serve Nigeria’s domestic market, supporting the country’s agricultural sector March 28, 2024/AfDB The African Development Bank has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited. The loan will enable Indorama to increase its fertilizer production and develop a […]
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The Fiscal and Financial Risks of a High-Debt, Slow-Growth World
(Credit: Altayb/iStock by Getty Images) March 28, 2024/IMFBlog By Tobias Adrian, Vitor Gaspar, Pierre-Olivier Gourinchas Inflation-adjusted interest rates are well above post global financial crisis lows, while medium-term growth remains weak. Persistently higher interest rates raise the cost of servicing debt, adding to fiscal pressures and posing risks to financial stability. Decisive […]
NGXASI Advance +0.27%, Buoyed by ACCESS, MTNN, TRANSCORP
March 28, 2024/InvestmentOne Report The NGXASI advanced by 0.27% today to close at 104,562.06pts, as appreciation in the share prices of MTNN (+0.91%), TRANSCORP (+4.41%) and ACCESSCORP (+2.08%) buoyed the market into the green zone. In the Fixed income space, the Treasury Bills secondary market closed flat, as we observed tepid sentiments […]
