Updates

FBN Holdings Set to Divest Stakes from FBN Insurance

April 15, 2020/FBNH FBN Holdings Plc, the holding company for First Bank of Nigeria and its former subsidiaries, has announced ongoing discussions to fully divest from its insurance arm, FBN Insurance Business Limited. In a regulatory filing at the Nigerian Stock Exchange (NSE), FBN Holdings stated that it has started […]

Daily Market Update for April 15, 2020-Cordros

April 15, 2020/Cordros Report EQUITIES Trading in the domestic bourse remained bullish as investors demanded for DANGCEM (10.0%) and Tier 1 banks’ stocks persisted. Consequently, the All-Share Index gained by 3.0% to 22,539.94 points – the biggest gain since increasing by 3.5% on 8th January 2020. Accordingly, Month-to-date gain increased […]

Exceptional Times, Exceptional Action

April 15, 2020/IMF Opening Remarks for Spring Meetings By Kristalina Georgieva, IMF Managing Director Introduction and Outlook Welcome to our virtual 2020 Spring Meetings! I would like to start by wishing you and your families my personal best—for your health and safety in these difficult times. I would also like […]