29/9/2019/SEC Private sector activities have been described as key drivers for economic growth and development as they create jobs and pay the taxes that finance services and investments. This was stated by Acting Director General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk during the inauguration of the […]
Investors Bite
Sentiments Remain Weak, as NSEASI Shed -0.1% W/W on Sell-Offs in Bellwether Counters
September 27, 2019/Cordros Weekly Global economy This week, the third reading of the U.S’ Q2-19 GDP was released. Although the economic growth number was unrevised at 2.0% y/y, business investment (-1.0% y/y) contracted deeper than previous estimates (-0.6% y/y). It is instructive to highlight that the contraction in business […]
Transcorp Hotels Plc Retains Positive A- (NG) GCR Rating
September 26, 2019/Transcorp Hotels Plc Abuja-Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp) and owner of the iconic Transcorp Hilton Abuja and Transcorp Hotels Calabar, has retained its national scale ratings at A-(NG) and A2(NG) in the long term and short term respectively, with the […]

