Author: InvestAdvocate

Bulls Sustain Hold as Nigerian Bourse Gain +0.3%, Driven by Banking Counters

October 24, 2024/Cordros Report EQUITIES The bulls continued to dominate the Nigerian stock market as gains in ACCESSCORP (+10.0%) and FBNH (+3.2%) spurred a 0.3% increase in the benchmark index. As a result, the All-Share Index closed at 99,189.95 points, with the Month-to-Date and Year-to-Date returns settling at +0.6% and +32.7%, […]

Global Sovereign Debt Roundtable — 3rd Cochairs Progress Report

October 23, 2024/IMF The Global Sovereign Debt Roundtable (GSDR) met today and reviewed progress on the work to improve debt restructuring processes and timelines, and to help address debt vulnerabilities. Participants also discussed priority areas for the work going forward. At the end of the meeting, the International Monetary Fund […]

Aviation’s Substantial Contribution to Dubai’s Economy Revealed in Latest Report

Image Credit: emirates.com The aviation sector supported 27% of Dubai’s GDP in 2023, with an economic contribution of AED 137 billion (USD 37.3 billion) – which is set to rise to almost a third of Dubai’s GDP by 2030. The total aviation sector impact includes the sector’s core impact as […]