April 28, 2019/SEC The Securities and Exchange Commission, SEC, has disclosed plans to align the 10 Year Capital Market Master plan with current economic realities as well as ensure the planned  review is concluded in record time. Acting Director General of the SEC, Ms. Mary Uduk stated this during a […]

April 15, 2019/Cordros Update EQUITIES The Nigerian equities market opened the week on a bearish note as the benchmark index declined by 0.22% to 29,495.91 driven by losses in the Banking and Oli & Gas sectors. Thus, the Month-to-Date and the Year-to-Date losses increased to -4.98% and -6.16 %, respectively. […]

April 13, 2019/NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N619.86bn to the three tiers of government in March 2019 from the revenue generated in February 2019. The amount disbursed comprised of N474.42bn from the Statutory Account, N96.39bn from Valued Added Tax (VAT), N4.02bn as excess bank […]