April 13, 2023/NGX Nigerian Exchange Limited (NGX) in collaboration with key capital market stakeholders will be organising a workshop to address the major challenges and opportunities in the Exchange Traded Funds (ETFs) market. The NGX ETFs Conference themed “ETFs in the Nigerian Capital Market: Opportunities and Challenges” will hold virtually […]
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UBS Acquisition of Credit Suisse Has Limited Impact on Structured Finance Ratings
March 22, 2023/Fitch Ratings Fitch Ratings’ recent action to place the Long-Term Issuer Default Ratings (IDRs) of UBS Group AG and its subsidiaries (UBS) on Rating Watch Negative and place the Long-Term IDRs of Credit Suisse Group AG and its subsidiaries (Credit Suisse) on Rating Watch Evolving is expected to […]
MPC Increases the MPR Further by 50bps
March 21, 2023/Cordros Update In line with our expectation, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its second meeting of the year, voted to: Raise the MPR further by 50bps to 18.0%; Retain the asymmetric corridor of +100/-700bps around the MPR; Retain the CRR at […]
