Updates

Nigerian Bourse Gain Fourth Consecutive Week +1.0%, Buoyed by Bellwether Counters

The domestic bourse closed higher for the fourth consecutive week, as gains in BUACEMENT (+5.4%), MTNN (+1.2%), GTCO (+3.1%), TRANSCORP (+3.4%), and ARADEL (+16.1%) lifted the All-Share Index by 1.0% w/w to 143,584.04 points. October 3, 2025/Cordros Report Global Based on the recently released data from Eurostat, headline inflation in […]

Dangote, Ethiopia PM Break Ground on $2.5bn Fertiliser Plant

…Dangote Reaffirms Commitment to Africa’s Industrialisation  October 3, 2025/Dangote Group A new chapter in Africa’s industrial story opened on Thursday as Aliko Dangote, President/Chief Executive, Dangote Group, led the groundbreaking of a $2.5 billion fertiliser plant in Gode, Ethiopia. The project, a partnership between Dangote Group and Ethiopian Investment Holdings […]

Economic Outlook and the Fed’s Monetary Policy Framework

October 3, 2025/US Federal Reserve By Vice Chair Philip N. Jefferson Thank you, Dean Madan. I appreciate the opportunity to speak here at Drexel University and to visit Philadelphia, an area where I have spent much of my personal and professional life.1 I will not go on too much about […]