February 25, 2025/Cordros Report According to the National Bureau of Statistics (NBS), Nigeria’s economy maintained its growth momentum in Q4-24, with real GDP growing by 3.84% y/y (Q3-24: +3.46% y/y). The growth outturn is 14bps and 74bps higher than Cordros’ (+3.70% y/y) and Bloomberg’s median consensus (+3.10% y/y) estimates, respectively. […]
Author: InvestAdvocate
Bears Sustain Hold as Nigerian Bourse Dips -0.3% on Losses in OANDO
February 25, 2025/Cordros Report EQUITIES Bearish sentiments persisted in the Nigerian equities market as sell pressures in OANDO (-9.7%) caused a 0.3% decline in the benchmark index to 107,785.79 points. Consequently, the Month-to-Date and Year-to-Date returns settled at 3.2% and +4.7%, respectively. The total trading volume decreased by 1.7% to […]
Remarks to the Small Business Capital Formation Advisory Committee
February 25, 2025/US SEC Mark T. Uyeda, Acting Chairman Good morning. Welcome to the first meeting for the Committee in 2025. I expect that this year will be a busy and exciting one for this Committee as I have asked the Commission staff to explore ways to improve capital-raising opportunities […]
