Updates

MPC Increases the MPR Further by 150bps

May 21, 2024/Cordros Update The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at today’s policy meeting, voted to: Raise the MPR by 150bps to 26.25% (Previously: 24.75%) Retain the asymmetric corridor at +100bps/-300bps Retain CRR at 45.0% and Retain liquidity rate at 30.0% Full report to […]

SEC Issues Exemptive Order Providing Additional Time for Certain Registrants to File Quarterly Reports in Light of BF Borgers Permanent Suspension

May 20, 2024/US SEC The Securities and Exchange Commission today provided exemptive relief to certain registrants affected by the permanent suspension of BF Borgers CPA PC and its owner, Benjamin F. Borgers (together, “BF Borgers”), from appearing and practicing before the Commission as an accountant. It is expected that registrants […]

Africa-Paris Declaration on Energy Transition, Climate Justice and Energy Poverty

The declaration aligns Africa’s position on the global energy transition and climate justice debate, following the conclusion of the Invest in African Energy forum in Paris, organized by Energy Capital & Power May 20, 2024/Energy Capital & Power African civil society, human rights groups, environmental groups, governments and the private […]