
Cowry Asset Mgt Channel
May 29, 2025 at 09:19 AM
*Market News as at Thursday, May 29, 2025*
NGX Index Hits Fresh High as NB, Dangote Sugar, MTN Rally – Market Forces
https://dmarketforces.com/ngx-index-hits-fresh-high-as-nb-dangote-sugar-mtn-rally/
Tinubu’s fresh $21.5bn loans may not increase Nigeria’s debt profile, FG clarifies – Business Day
https://businessday.ng/business-economy/article/tinubus-fresh-21-5bn-loans-may-not-increase-nigerias-debt-profile-fg-clarifies/
NERC issues guidelines on third-party electricity bill collections – Punch
https://punchng.com/nerc-issues-guidelines-on-third-party-electricity-bill-collections/
Ecobank Gets Shareholders’ Approval to Raise Additional $250m Tier-1 Capital – Thisday
https://www.thisdaylive.com/2025/05/29/ecobank-gets-shareholders-approval-to-raise-additional-250m-tier-1-capital/
FG’s Sukuk breaks record with 735% oversubscription – Punch
https://punchng.com/fgs-sukuk-breaks-record-with-735-oversubscription/
Dangote ends Nigeria’s reign as Africa’s biggest petrol importer – Business Day
https://businessday.ng/energy/oilandgas/article/dangote-ends-nigerias-reign-as-africas-biggest-petrol-importer/
Food Security: FG secures $134m loan facility from AfDB -Minister – Market Forces
https://dmarketforces.com/food-security-fg-secures-134m-loan-facility-from-afdb-minister/
Outrage grows over ₦6.9trn constituency projects in 2025 budget, calls mount for transparency – Business Day
https://businessday.ng/news/article/outrage-grows-over-%e2%82%a66-9trn-constituency-projects-in-2025-budget-calls-mount-for-transparency/