Culled—-Proshare April 28, 2020 by Moody’s Investors Service We have changed our outlook for Nigeria’s banking system to negative from stable. This reflects our view that banks will face weakening loan quality and foreign-currency liquidity challenges as depressed oil prices and the coronavirus pandemic weigh on Nigeria’s economy. These new […]

April 28, 2020/ARC Humanitarian agencies in Senegal are this week distributing aid as part of an early response to food shortage, which has been caused by the late onset of rainfall last year. This early action will help alleviate the suffering of those affected and reduce the need for them […]

April 28, 2020/Cordros Report EQUITIES Trading in the domestic equities market continued bullish, as investor interest in NESTLE (+1.1%), DANGSUGA (+3.8%) and some Tier 1 banks’ stocks spurred a consecutive gain in the All-Share Index. Specifically, the NSE ASI increased by 0.5% to 22,727.87 points. Accordingly, Month-to-date gain increased to […]