December 18, 2020/US SEC The Securities and Exchange Commission today issued the Annual Report on Nationally Recognized Statistical Rating Organizations (NRSROs) and the 2020 Summary Report of Commission Staff’s Examinations of Each Nationally Recognized Statistical Rating Organization. The annual report discusses, among other topics, the state of competition, transparency, and […]
Updates
November Inflation Rate Climbs to 14.89%; Senate Passes 2021-2023 MTEF/FSP
December 18, 2020/Cowry Asset Report ECONOMY: November Inflation Rate Climbs to 14.89%; Senate Passes 2021-2023 MTEF/FSP… Recently released Consumer Price Index data by the National Bureau of Statistics showed that headline Inflation for November rose for the 15th consecutive month to 14.89% (from 14.23% printed in October). The northward movement […]
Nigerians Stocks Rose +7.5% W/W to Record Largest Weekly Gain in Five Weeks
In line with our expectations, the profit-taking activities were short-lived as the bulls returned strongly to the equities market. The All-Share Index increased by 7.5% w/w, the largest weekly gain in five weeks, and closed at 36,804.75 points, the highest level since 31 July 2018. December 18, 2020/Cordros Report Global […]
