Updates

Weekly Economic and Market Report for November 6, 2020-Cordros

November 6, 2020/Cordros Report Global economy Final October estimates by IHS Markit for the Eurozone showed continued improvement in the manufacturing sector amid deteriorating activities in the service sector. Specifically, the manufacturing PMI (+1.1 point m/m to 54.8 points) rose to the highest level in 27 months on account of […]

The Covid-19 pandemic has exposed the urgency for African countries to optimise public revenues from their natural resources

If managed well, natural resource wealth could be a major driver of growth and social-economic transformation to counter COVID-19 consequences November 6, 2020/TJNA Africa will not meet the Sustainable Development Goals (SDGs) target of eliminating extreme poverty by 2030. This slow progress derives from resource leakages and increasing poverty rates, […]

MIDDAY UPDATE: Nigerian Stocks Dips Slightly -0.44% on Losses Across Sectors

November 6, 2020/InvestmentOne Report ASI as at 12.00pm: -0.44%. Market movers:   JAPAULOIL (-8.00%), FLOURMILL (-5.62%), CILEASING (+9.60%) and LIVESTOCK (+9.28%). Sector Performances:   Industrial (-1.96%), Consumer Goods (-0.25%), Oil & Gas (-0.04%) and Banking (+0.76%). Market activity: In today’s early trade, while total volume rose by 45%, total value dipped by 63% […]