Updates

Renewed Interest in SEPLAT, TRANSCOHOT Drives NGXASI to +0.3% Weekly Gain

This week, the local bourse closed in the green as bullish sentiments dominated trading activities in three out of the five trading sessions. June 28, 2024/Cordros Report Global According to the Bureau of Labor Statistics (BLS), the United States Personal Consumption Expenditures (PCE) price index eased by 10bps to 2.6% […]

Nigeria Proposes to Run Four Budgets Simultaneously – An Anomaly with No Precedence

June 28, 2024/BudgIT BudgIT, a leading civic-tech organisation promoting transparency, accountability, and effective service delivery in Nigeria, has decried the proposed elongation of the implementation period for the 2023 Approved Budget and 2023 Supplementary Budget from the proposed termination date of December 31, 2023, to December 31, 2024. Recall that […]

Afreximbank Signs collaboration MoU with Caribbean Export Development Agency

The MoU is expected to result in increased trade and investment between Africa and the Caribbean, thereby encouraging mutual economic growth and development June 28, 2024/Afreximbank African Export-Import Bank (Afreximbank) has entered into a Memorandum of Understanding (MoU) with the Caribbean Export Development Agency (CEDA) to formalise collaboration between the […]