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Statement on Pause in Litigation Concerning the Climate-Related Disclosure Rule

February 11, 2025/US SEC By Commissioner Caroline A. Crenshaw Today acting Chairman Uyeda, without the input of the full Commission, has instructed the staff to ask the Eighth Circuit Court of Appeals to delay scheduling oral arguments in litigation challenging the Climate-Related Disclosure Rule.[1] The Commission’s briefs, “do not reflect […]

Nigerian Equities Up +0.7%, Buoyed by Bellwether Counters

February 11, 2025/Cordros Report EQUITIES Bullish sentiment resurfaced in the domestic stock market as gains in DANGCEM (+5.3%) and TRANSCORP (+8.9%) drove the All-Share Index up by 0.7% to 106,574.98 points. Consequently, the Month-to-Date and Year-to-Date returns settled higher at +2.0% and +3.5%, respectively. The total volume of trades declined […]

Dangote Refinery Reduces Diesel Price, by N55 to N1,020 Per Litre

February 11, 2025/Dangote Group Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075 per litre at the gantry price, in an effort to better serve its customers and Nigerians in general.  Since it began diesel production in January 2024, […]