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Nigerian Bourse Open Week Bullish +0.1%, Buoyed by Bellwether Counters

November 11, 2024/Cordros Report EQUITIES The domestic bourse kicked off the week on a positive note as buying interest in ARADEL (+10.0%), CUSTODIAN (+8.6%) and FLOURMILL (+1.6%) drove the All-Share Index higher by 0.1% to 97,374.25 points. Thus, the month-to-date and Year-to-Date returns printed -0.3% and +30.2%, respectively. The total […]

IMF Growth Projection for Sub-Saharan Africa

November 11, 2024/CSL Research The International Monetary Fund (IMF), in its latest Regional Economic Outlook report, projects that Sub-Saharan Africa (SSA) will maintain a 3.6% growth rate in 2024, consistent with 2023 levels, with a modest increase to 4.2% expected in 2025. This forecast reflects SSA’s navigation through a complex […]

Dangote Named Most Tax Complaint Business Organizations by FIRS

…Company, subsidiaries win big at FIRS, FMDQ awards   November 10, 2024/Dangote Group It was a season of award at the weekend for the Dangote Group and its subsidiaries following their recognition as best Nigeria’s best compliant tax payer business organization and FMDQ Gold award winner for being the most […]