Updates

The Nigerian Palm Oil Sector Update: Earnings at Risk on Falling Global CPO Prices

March 3, 2020/Cordros Report In our last sector update, we had forecasted that both OKOMUOIL (TP: NGN83.27/s) and PRESCO (TP: NGN47.67/s) to deliver EPS growth of 42.0% y/y and 23.5% y/y respectively in 2020FY, underpinned by (1) volume expansions from newly matured plantations, and (2) a sharp CPO price increase, […]

AfDB Group President Appoints Ms. Bajabulile “Swazi” Tshabalala as Acting Senior Vice President

Ms.Tshabalala will replace Mr. Charles Boamah, the former Senior Vice President of the Bank, who retires effectively from the Bank today after 23 years of meritorious service March2, 2020/AfDB The President of the African Development Bank Group (https://www.AfDB.org), Dr. Akinwumi Adesina is pleased to announce the appointment of Ms. Bajabulile […]

SEC Amends Exemptions from Investment Adviser Registration for Advisers to Rural Business Investment Companies

March 2, 2020/US SEC The Securities and Exchange Commission adopted amendments to two rules in order to implement congressionally mandated exemptions from registration for investment advisers who advise rural business investment companies (RBICs).  These exemptions were enacted as part of the RBIC Advisers Relief Act of 2018, which amended the […]