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Nigerian Stocks Depreciates -0.5% on Losses in Banking Sector

June 16, 2026/Cordros Report EQUITIES The Nigerian equities market closed today’s trading session on a bearish note as losses in GTCO (-7.1%), ZENITHBANK (-2.8%), UBA (-3.7%) and FIRSTHOLDCO (-1.6%) dragged the All-Share Index lower by 0.5% to 241,984.80 points. Consequently, the Month-to-Date and Year-to-Date returns settled lower at -3.4% and […]

AAA Ratings Affirm AFC’s Africa Investment Role

These renewals underscore continued confidence in AFC’s resilient balance sheet, disciplined capital management, robust liquidity position, and consistent execution of its mandate to accelerate infrastructure-led industrialisation across Africa June 16, 2026/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has received renewed top-tier credit ratings with stable outlooks […]

The Gambia Secures $250M ITFC Investment Boost

The Agreement was signed on the sidelines of the 2026 IsDB Group Annual Meetings in Baku, Azerbaijan, by Hon. Seedy K.M. Keita, Minister of Finance and Economic Affairs and IsDB Governor for the Republic of The Gambia, and Eng. Adeeb Yousuf Al Aama, Chief Executive Officer of ITFC June 16, […]