Updates

Prosper Africa plans to invest $170 million to boost African exports and U.S. investment by $2 billion

December 15, 2022/Chain Reactions Nigeria At the U.S.-Africa Business Forum’s Deal Room, the White House’s Prosper Africa initiative announced today an ambitious set of multimillion-dollar investments to boost African exports and infrastructure and mobilize private investment to accelerate African innovation.  Prosper Africa is the U.S. Government initiative to increase two-way […]

Rapid Response: Headline Inflation rises by 38bps to 21.47% y/y in November

December 15, 2022/Cordros Update Nigeria’s headline inflation maintained its uptrend for the tenth consecutive month, rising by 38bps in November to 21.47% y/y (October: 21.09% y/y). The outturn is 10bps above Cordros’ estimate (21.37% y/y) and 17bps higher than Bloomberg’s median consensus estimate (21.30% y/y). On a month-on-month basis, headline […]

SEC Proposes Amendments to Enhance Disclosure of Order Execution Information

December 14, 2022/US SEC The Securities and Exchange Commission today proposed amendments that would update the disclosure required under Rule 605 of Regulation NMS for order executions in national market system stocks, which are stocks listed on a national securities exchange. Rule 605 was adopted in 2000 and provides visibility […]