November 25, 2025/Cordros Update At the FGN bond auction conducted yesterday, the DMO reopened the AUG-2030 and JUN-2032 papers with a total offer of NGN460.00 billion. Aggregate demand reached NGN657.26 billion (bid-to-offer: 1.4x), with the DMO ultimately allotting NGN583.52 billion (bid-to-cover: 1.1x). Stop rates cleared higher at 15.90% for AUG-2030 and 16.00% for JUN-2032, compared […]
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Octopus Energy Joins Global Campaign to Scale Up Renewables Across Africa
November 25, 2025/Octupus Octopus Energy Generation has joined the EU, South Africa and Global Citizen’s Scaling Up Renewables in Africa campaign – a landmark partnership between Governments and the private sector that has mobilised $17.8 billion (€15.5bn) to accelerate renewable energy deployment across the continent Through its Power Africa Initiative, […]
Industrial Policy Can Lift Productivity—but Comes With Risks and Trade-offs
(Credit:IMF Photo) November 25, 2025/IMFBlog By Shekhar Aiyar, Mehdi Benatiya Andaloussi Governments across both advanced and emerging market economies have increasingly rolled out new support for targeted companies and industries over the past decade and a half. Industrial policy, as it’s known, is used for a range of goals, including to […]
