Author: InvestAdvocate

Nigerian Stocks Gain Second Straight Week, Index Up +0.8%, Buoyed by Blue Chips

The Nigerian equities market extended its gains for the second consecutive week, primarily driven by demand for GEREGU (+15.0%), MTNN (+4.0%), and FIDELITYBK (+24.2%). Thus, the All-Share Index notched a 0.8% w/w gain to close at 98,247.99 points. September 20, 2024/Cordros Report Global At the recently concluded September policy meeting, […]

Statement by Governor Michelle W. Bowman

September 20, 2024/US Federal Reserve By Governor Michelle W. Bowman On Wednesday, September 18, 2024, I dissented from the Federal Open Market Committee’s (FOMC) decision to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent. As the Committee’s post-meeting statement notes, […]

African Philanthropist & Business Leader, Tony Elumelu Sets Out Africa’s Priorities for UNGA 2024

September 20, 2024/UBA Plc African philanthropist and business leader, Tony Elumelu, will make Africa’s transformative economic growth, youth employment, and energy transition central to the discussions at this year’s United Nations General Assembly (UNGA), taking place late September in New York.   Elumelu will call for urgent action in a […]