November 25, 2024/US SEC This past week, the Commission and our staff took a number of important steps to facilitate the implementation of rules regarding customer clearing in the U.S. Treasury market. I am pleased to support these actions because enhanced access to central clearing will lower costs and lower […]
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Nigerian Bourse Kickoff Week Bearish -0.2% on Losses in GTCO, ZENITHBANK
November 25,2024/Cordros Report EQUITIES The domestic bourse kicked off the week with bearish sentiments, as profit-taking activities in GTCO (-3.4%) and ZENITH (-2.7%) drove the All-Share Index lower by 0.2% to 97,626.27 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -0.0% and +30.6%, respectively. The total volume of trades […]
Nigeria Q3-24: GDP Growth to Stabilize Amid Mixed Sectoral Performance in Q4-24
November 25, 2024/Cordros Report Based on the recently released GDP report by the National Bureau of Statistics (NBS), Nigeria’s economy maintained its positive growth trajectory in Q3-24, growing by 3.46% y/y (Q2-24: +3.19% y/y). The growth rate was primarily driven by the non-oil sector, reflecting strong gains in the services […]
