CFG AM Naira Fixed Income Fund is currently valued at N1,050.80. per unit.

CFG AFRICA MACROECONOMIC HIGHLIGHTS 15/08/2025

FG eyes $4.5bn oil savings, grows output by 400,000bpd – The Federal Government, through the Nigerian National Petroleum Company Limited, says it is taking aggressive steps to save the oil and gas industry about $3bn to $4.5bn in operational costs this year. Group Chief Executive Officer of NNPCL, Bayo Ojulari, stated this in Lagos on […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 13/08/2025

Petrol price drop imminent as Dangote slashes ex-depot cost – The pump price of petrol is expected to drop below N900 per litre as the Dangote refinery reduces the ex-depot price of the product from N850 to N820 per litre on Tuesday. A statement signed by the Dangote Group Chief Branding and Communications Officer, Anthony […]

CFG AM Fixed Income Dollar Fund Launch (August 1st, 2025)

We are excited to share some news designed to help you grow and preserve your wealth in a stable, dollar-denominated way. CFG ASSET MGT_DollarFund_ Click for more… Today, we officially launched the CFG AM Fixed Income Dollar Fund, a new opportunity to invest in a diversified portfolio of dollar-denominated fixed income instruments. Here’s what makes […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 01/08/2025

NGX closes July strong, gains N12.62tn – The Nigerian Exchange closed the month of July 2025 on a bullish note, recording a significant N12.62tn gain in market capitalization. The All-Share Index appreciated by 0.42 per cent on the last trading day of the month to settle at an all-time high of 139,863.67 points, up from […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 30/07/2025

IMF upgrades Nigeria’s growth projection to 3.4% – The International Monetary Fund (IMF) has upwardly reviewed Nigeria’s 2025 economic growth forecast to 3.4%, showing 0.4 percentage point increase from the 3.0% projection in its April 2025 World Economic Outlook (WEO). This revision outlined in the IMF’s latest July 2025 WEO Update titled, “Global Economy: Tenuous […]

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