May 4, 2026/United Capital Update Global Markets United States The US Federal Reserve (Fed) held its benchmark interest rate steady at 3.50% – 3.75% for a third consecutive meeting, as policymakers remain cautious amid persistent inflationary pressures. While inflation has moderated from prior highs, it continues to run above the […]
Updates
Dangote Refinery Recalls Redeployed Engineers
April 30, 2026/Dangote Group Dangote Petroleum Refinery has approved the recall of engineers previously redeployed across its business units, following what management described as a conditional pardon after internal disciplinary actions linked to operational disruptions. In an internal communication to staff, the company said the decision followed an extensive review […]
Reassessing Nigeria’s Fixed Income Landscape
April 30, 2026/Cordros Report The Nigerian fixed income market entered 2026 supported by ample system liquidity, which shaped early trading dynamics. This liquidity backdrop supported a broad-based rally at the start of the year, as market participants positioned ahead of a widely anticipated disinflation driven easing cycle. Consequently, average yields […]
