CFG AM Naira Fixed Income Fund is currently valued at N1,052.00. per unit.

CFG AFRICA MACROECONOMIC HIGHLIGHTS 29/07/2025

NGX market cap crosses N85tn as investors eye Q2 earnings – The Nigerian Exchange gained N22.14tn in market capitalization in H1 2025, pushing its valuation to N85.46tn, driven by investor confidence and improving macroeconomic conditions, writes TEMITOPE AINA. The Nigerian Exchange Limited continued its bullish trajectory in the first half of 2025, recording a N22.14tn […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 28/07/2025

Real estate sector surges to N41.3tn, boosts economy – Stakeholders have commended the recent GDP rebasing, noting that the real estate sector’s valuation has climbed to N41.3tn, highlighting its rising contribution to the nation’s economy. The contribution of Nigeria’s real estate sector to the economy surged to N41.3tn in 2024, making it the country’s third-largest […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 25/07/2025

Dangote refinery to hit 700,000bpd by December – Report – The nameplate capacity of the Dangote Petrochemical Refinery is projected to reach 700,000 barrels per day by December 2025, marking a major milestone in Nigeria’s refining capacity, a new report by Argus Media has revealed. According to the report, the increase represents a 50,000bpd boost […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 23/07/2025

Debt-to-GDP ratio drops to 39.4% after GDP rebasing – The Nigerian stock market extended its bullish trend on Tuesday, recording a gain of N396bn in market capitalization amid renewed investor interest across key sectors. The All-Share Index of the Nigerian Exchange Limited rose by 0.71 per cent to close at 99,793.71 points, compared to the […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 21/07/2025

Analysts forecast 30 per cent stock market uptick in H2 – Analysts at Cowry Asset Management have projected a 30 per cent surge in the Nigerian equities market during the second half (H2) of the year, citing favorable macroeconomic indicators, sectoral momentum and sustained investor appetite as key drivers. The firm’s outlook highlights faster execution […]

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