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

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 […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 14072025

  OPEC warns of $14.9tn investment gap in upstream sector – The Organization of the Petroleum Exporting Countries has called for urgent and sustained investment in the global upstream oil sector, warning that a cumulative $14.9tn will be required between 2025 and 2050 to meet projected demand and prevent a future energy crisis. This investment […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 23062025

Naira strengthens over CBN intervention, FPI inflow – The naira strengthened at the official window in the past week to 1,547/$ from 1,549/$, supported by intervention from the Central Bank of Nigeria, which injected dollars into the market to ease corporate demand pressures. Analysts also alluded the development to the resilience of the naira to […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 13062025

FG to revoke dormant oil licences with new policy – The Nigerian Upstream Petroleum Regulatory Commission has told oil producers that it is set to implement the ‘drill or drop’ policy. The Chief Executive of the NUPRC, Gbenga Komolafe, disclosed this when he received a delegation from the Independent Petroleum Producers Group at the commission’s […]

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