CardinalStone Finance Company

Business

Dangote Refinery Valued Above ₦77trn By Research Firms Ahead Of IPO

Ogochukwu Onwaeze, THEWILL -
Dangote Petroleum Refinery and Petrochemicals FZE could be worth significantly more than the valuation implied by its planned Nigerian Exchange (NGX) listing, according to independent estimates from CardinalStone Research and Chapel Hill Denham.
Business

Nomba Secures $3m Facility To Expand Africa-Asia Payment Network

Ogochukwu Onwaeze, THEWILL -
Nomba, an African digital bank focused on businesses, has secured a $3 million debt facility from CardinalStone Finance Company as it expands its cross-border payment infrastructure and strengthens financial links between African markets and Asia.
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BusinessJoy Onuorah, THEWILL -

China’s Chip Export Earnings Double as Trade Surplus Tops $1tn

Figures released by China's General Administration of Customs on Tuesday, November 10, show that semiconductor exports increased 111.1% in US dollar terms between January and October, while the physical volume of integrated circuits exported grew by only 3.2%.
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