September 10, 2020/jspcommunications A wave of awareness is growing among Nigerian youths and they seem not to be ready to give up and stand up for their rights. This is evident by the massive number of youths joining and supporting the #RevolutionNow revolutionary platform. An example is the story of […]
Updates
Daily Market Update for September 9, 2020-Cordros
September 9, 2020/Cordros Report EQUITIES The bears continued to dominate on the local bourse as selloffs in major Banking tickers – ZENITHBANK (-3.0%), ACCESS (-3.0%) and UBA (-3.2%) persisted. Consequently, the ASI shed 0.3% to close at 25,424.91 points. The Month-to-Date gain moderated to 0.4% while Year-to-Date loss increased to […]
Gross Official Reserves Declined by US$220m in August 2020 to US35.66bn
Culled—-Proshare September 9, 2020 by FBNQuest Research CBN data show that Nigeria’s gross official reserves declined by US$220m in August to US$35.66bn. The FGN is in talks with the World Bank and African Development Bank over loans for Covid-19 and budget deficit financing. Disbursements would flow directly into reserves and […]
