April 15, 2026/Dangote Group … Applaud Management Performance, Commitment to Backward Integration Dangote Sugar Refinery Plc has received shareholders’ approval for a N500 billion Rights Issue, thus positioning the company to strengthen its financial standing, expand its capital base, and accelerate strategic initiatives. The Rights Issue, the shareholders reasoned will […]
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Headline Inflation Reverses Disinflation Trend, Rises to 15.38% Y/Y in March
April 15, 2026/Cordros Report Nigeria’s headline inflation rose by 32bps to 15.38% y/y in March (February: 15.06% y/y) – the first increase since March 2025. The outturn is 2bps lower than our revised estimate of 15.40% y/y. On a month-on-month basis, consumer prices rose at a faster pace by 4.18% (February: […]
Catalyzing Investment for Regional Development Fueling East Africa’s Growth Story
Dhamana is designed to provide guarantees that enable infrastructure developers access domestic debt capital markets April 15, 2026/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced its equity investment in Dhamana Guarantee Company Limited (“Dhamana”), a credit enhancement facility established to unlock long-term, local-currency financing for […]
