CFG AM Naira Fixed Income Fund is currently valued at N 1,056.38 per unit

CFG AFRICA MACROECONOMIC HIGHLIGHTS 10/09/2025

FIRS taps EFCC to enforce tax compliance – The Federal Inland Revenue Service has said that the Economic and Financial Crimes Commission is key in its drive to enforce voluntary tax compliance. According to a statement from the service on Tuesday, the FIRS Executive Chairman, Dr. Zacch Adedeji, said this during a courtesy visit to […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 09/09/2025

Naira appreciates at N1506 amidst reduced FX pressure – The Nigerian local currency, the naira, appreciated to N1,506 per dollar at the official window even as the nation’s foreign reserves reached $41.500 billion. This is according to the Nigeria Foreign Exchange Market (NFEM) update released by the Central Bank of Nigeria (CBN), indicating spot rate […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 08/09/2025

No plan to shut petrol unit — Dangote refinery – The Dangote Petroleum Refinery has denied a report that it could shut its petrol unit for two to three months. The spokesman of the Dangote Group, Anthony Chiejina, described the report as “fake”. Reuters had reported that the petrol unit at the 650,000 barrel-per-day Dangote […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 03/09/2025

Marketers continue imports as Dangote petrol arrives US – The Dangote Petroleum Refinery last week made its first Premium Motor Spirit (petrol) shipment to the United States, while local marketers insisted on fuel importation. This confirmed earlier reports that the refinery is exporting more fuels following the shutdown of some foreign refineries for maintenance. According […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 02/09/2025

Europe stocks steady as Chinese tech surges – Shares in Europe remained steady on Monday, as Chinese technology stocks surged, while European long-dated bonds faced heavy pressure, according to Reuters. Europe’s broad STOXX 600 index gained 0.1 per cent, initially boosted by improved manufacturing data, though the positive momentum eased later in the day. In […]

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