Author: InvestAdvocate

ACG Meeting: Statement by the Chairman of the African Caucus, IMF MD

April 22, 2025/IMF Mr. Hervé Ndoba, Central African Republic’s Minister of Finance and Budget, Chair of the African Caucus and Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement at the conclusion of the African Consultative Group[1] meeting: “Today we brought together Ministers and […]

Nigerian Stocks Open Week Positive +49bps, Driven by Nigerian Breweries, ZENITHBANK

April 22, 2025/Cordros Report EQUITIES The Nigerian stock market kicked off the week on a positive note as buying interest in NB (+9.9%) and ZENITHBANK (+2.3%) drove the All-Share Index higher by 49bps to 104,739.61 points. As a result, the month-to-date and year-to-date returns settled at -0.9% and +1.8%, respectively. […]

The Global Economy Enters a New Era

IMF Photo/Paige Taylor White) By Pierre-Olivier Gourinchas The global economic system under which most countries have operated for the last 80 years is being reset, ushering the world into a new era. Existing rules are challenged while new ones are yet to emerge. Since late January, a flurry of tariff […]