October 16, 2023/Cordros Update In September, Nigeria’s headline inflation rose by 92bps to 26.72% y/y (August: 25.80% y/y). The inflation tally came in 46bps lower than Cordros’ estimate (27.18% y/y) and 38bps lower than Bloomberg’s median consensus estimate (27.10% y/y). However, on a month-on-month basis, headline inflation eased by 108bps […]
Updates
Oando Says Court Adjourns Hearing on Its Scheme of Arrangement
October 13, 2023/NGX Oando PLC (referred to as “Oando” or the “Company”), Nigeria’s leading indigenous energy group listed on both the Nigerian Exchange Limited (NGX) and Johannesburg Stock Exchange (JSE), hereby wishes to notify the public that the Federal High Court, Lagos Division (the “Court”) has further adjourned the hearing […]
SEC Adopts Rule to Increase Transparency in the Securities Lending Market
October 13, 2023/US SEC The Securities and Exchange Commission today adopted new Rule 10c-1a, which will require certain persons to report information about securities loans to a registered national securities association (RNSA) and require RNSAs to make publicly available certain information that they receive regarding those lending transactions. The rule […]
