August 24, 2020/Cordros Report EQUITIES Trading in the domestic bourse started the week positively, as buying interests in UNILEVER (+7.5%), GUARANTY (+0.4%) and ZENITHBANK (+0.3%) spurred a marginal gain in the market. Precisely, the ASI advanced by 0.03% to close at 25,229.12 points. Hence, the Month-to-Date gain increased to 2.2% […]
Updates
AfDB 2020 Annual meetings: Building Africa back better after the COVID-19 pandemic
The Governors’ Dialogue and the election of a president will be top of the agenda of the upcoming Meetings scheduled for 26-27 August 2020 August 24, 2020/AfDB For the first time in the history of the African Development Bank (http://www.AfDB.org), its Annual Meetings will be held virtually to comply with […]
Q2 2020 Real GDP Shrinks by 6.10% as Oil & Gas, Trade Sectors Contract amid COVID-19 Pandemic
August 24, 2020/Cowry Asset Report In line with our expectation, Nigeria’s real Gross Domestic Product contracted year-on-year (y-o-y) by 6.10% to N15.90 trillion in Q2 2020, down from a 1.87% growth registered in Q1 2020 – amid negative impact of COVID-19 pandemic which compelled government to restrict movements, especially in […]
