Updates

NSE Hosts First-Ever Digital Closing Gong Ceremony

April 16, 2020/NSE The Chief Executive Officer of The Nigerian Stock Exchange (“NSE” or “The Exchange”), Mr. Oscar N. Onyema OON, has further expressed NSE’s commitment to providing corporates and investors, access to the market in meeting their financial and investment needs during this period and beyond. He made this […]

Daily Market Update for April 16, 2020-Cordros

April 16, 2020/Cordros Report EQUITIES The Nigerian equities market ended the today’s trading session on a positive note as demand for bellwether stocks – MTNN (+3.6%), NESTLE (+10.0%), and DANGCEM (+2.2%) – supported the market to record its third straight gain of the week. This is despite the sell-off of […]

Sub-Saharan African Growth Projected At -1.6% in 2020 – IMF

Culled—Proshare April 16, 2020 by IMF The April 2020 Sub-Saharan Africa Regional Economic Outlook at a Glance The COVID-19 pandemic threatens to exact a heavy human toll, and the economic crisis it has triggered can upend recent development progress. Growth in sub-Saharan Africa in 2020 is projected at -1.6%, the […]