Updates

African Development Bank joins Nasdaq Sustainable Bond Network

By joining the Nasdaq Sustainable Bond Network, socially responsible issuers are provided a unique opportunity to bring attention to their concrete actions June 17, 2020/AfDB Nasdaq (Nasdaq: NDAQ) on Wednesday announced the inclusion of the African Development Bank (www.AfDB.org), one of the world’s  largest issuers of social bonds, in the […]

Headline Inflation Expanded by 6bps to 12.40% y/y in May 2020

June 17, 2020/Cordros Update Nigeria’s headline inflation maintained its upward trend, as it expanded by 6bps in May 2020 to 12.40% y/y (April: 12.34% y/y). Relative to Cordros’ estimate (12.34% y/y), the outturn is 6bps higher. From a month ago, the headline inflation increased by 15bps to 1.17%, steepest pace […]