March 12, 2021/Cordros Report Over the last year, the Central Bank of Nigeria (CBN) has found it challenging to maintain the rate within a tight band of the official rate within its managed-float system. In recent months, the apex bank has issued a substantial array of policy pronouncements to improve […]
OPINION/EDITORIAL
Prospects for U.S. Sips & Snacks in Sub-Sahara Africa
March 11, 2021/usda/.gov “Sips” (such as wine, beer, and spirits) and snacks (including potato chips, baked foods, fruit and nut mixes, and peanuts/peanut butter) are growing segments of sub-Saharan Africa’s food and beverage industry, particularly in Ghana, Nigeria, Kenya, and South Africa. Despite relatively subdued economic growth due to COVID-19 […]
NSE Demutualization Will Provide an Avenue for the Exchange to Achieve Greater Efficiency
March 11, 2021/Proshare By CSL Research Yesterday, the Nigerian Stock Exchange (NSE) completed its long-awaited demutualization after getting the approval of the Securities and Exchange Commission (SEC) and Corporate Affairs Commission (CAC). The demutualization exercise is expected to produce a new non-operating holding company with three operating subsidiaries. The subsidiaries […]
