November 8, 2016/Cordros Research Equities extended decline to the fifth session in a row, with the All Share Index losing by 1.95% to close at 26,364.27 points. Today’s loss is the biggest since the 2.33% loss recorded on 2nd September this year. Following the decline, the market’s negative return has […]
Updates
AfDB approves US $1-million grant to finance nutrition campaign in Nigeria’s Borno State
November 8, 2016/AfDB Executive Directors of the African Development Bank (AfDB) on Friday, November 4, 2016 approved a US $1-million emergency assistance grant to support the fight against malnutrition in Nigeria’s northeastern state of Borno. The Nigerian Health Ministry had in June 2016 declared a nutrition emergency in Borno. The […]
Flour Mills of Nig Plc: Minutes from Meeting with Management
November 8, 2016/Cordros Research We met with the management of FLOURMILL earlier today ahead of our update following the release of second quarter result (July to September 2016). Summary of the feedback is that while Q3-17 performance is expected to be affected by the impact of seasonality, there is strong […]
