June 16, 2020/UBA Foundation UBA Foundation, the corporate social responsibility arm of United Bank for Africa (UBA) Plc, on Wednesday joined the rest of the world to celebrate African children in this year’s edition of the International Day of the African Child. June 16 every year, has been set aside […]
Updates
Daily Market Update for June 16, 2020-Cordros
June 16, 2020/Cordros Report EQUITIES The domestic bourse continued its negative trend from yesterday, due to significant sell-offs of MTNN (-0.9%) and FLOURMILL (-6.7%) despite the gain in large-cap BUACEMENT (+1.6%). Precisely, the All-Share Index declined by 0.1% to 24,930.88 points. Accordingly, the Month-to-Date and Year-to-Date losses increased to -1.3% […]
2020 Mid-Year Outlook: COVID-19 Pandemic Reframes Narrative
June 16, 2020/Cordros Report If our tone at the end of last year was grim, it wasn’t grim enough. In our 2020 Outlook, At the Cliff’s Edge, published last December, we cautioned that the global economy was due to face more turmoil in the year, but were cautiously optimistic about […]
