Updates

AfDB President says the continent is “ground zero” of the crisis as major economies boost climate targets

The African Development Bank is the only multilateral development bank to meet and exceed the 50% parity for climate adaptation and resilience April 23, 2021/AfDB African Development Bank (www.AfDB.org) President Dr. Akinwumi A. Adesina on Thursday joined 40 heads of state and government at the Leaders Summit on Climate, where […]

Alex Oh Named SEC Director of Enforcement

April 22, 2021/US SEC The Securities and Exchange Commission today announced that Alex Oh has been appointed Director of the Division of Enforcement. Oh was most recently a partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP and co-chair of the law firm’s Anti-Corruption & FCPA Practice Group. She was […]

Naira Bonds Sell-Off, US Bonds Rise

April 21, 2021/Coronation Report The Naira bond market is selling off, and we expect rates to continue to rise. Meanwhile, the rise in long-dated US dollar bond yields reversed last week, which confounded market expectations.  FX Last week the exchange rate in the Investors and Exporters Window (I&E Window) weakened […]