Updates

United Capital Research Investment Views This Week 5th June 2023 to 9th June 2023

June 5, 2023/United Capital Global Markets: Mixed Investors’ Sentiments Last week, the US markets rallied.  At the start of the week, opening on Tuesday after the holidays with mixed sentiments. Among others, investors weighed the uncertainty around the debt ceiling deal passing in both chambers of Congress. In addition, worries […]

NGX RegCo, ISSB, FRCN to host webinar on sustainability disclosure standards

June 5, 2023/NGX NGX Regulation Limited (NGX RegCo), in collaboration with the International Sustainability Standards Board (ISSB) and Financial Reporting Council (FRC) of Nigeria, is set to host a 3-day workshop/webinar on sustainability disclosure standards for companies as well as investors in the capital market. The workshop/webinar, which will kick […]

Decline in FAAC payout in May

June 2, 2023/Coronation Research The latest gross monthly distribution for the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N655.9bn in May ’23 (from April revenue). This was a decline of -8.2% or N58.7bn from the previous payout and can be partly […]