Bearish sentiments persisted in the local bourse for another week as profit-taking activities intensified. May 17, 2024/Cordros Report Global Economy According to the Bureau of Labor Statistics (BLS), headline inflation in the United States eased by 10bps to 3.4% y/y in April (March: 3.5% y/y). We highlight that the slowdown […]
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Pre-MPC May 2024: MPC to Raise MPR Again by 100bps
May 17, 2024/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to hold its third meeting of the year on the 20th and 21st of May. As in previous meetings, we expect the Committee to consider developments in the global and domestic economy […]
Flour Mills Announces Shareholders’ Resolutions at the Court-Ordered Meeting on May 15, 2024
May 17, 2024/NGX This is to notify the Nigerian Exchange Limited (NGX) and the investing public that the below-joint resolutions were presented to the Shareholders for approval at the Court-Ordered Company Meeting held on Wednesday, 15th May 2024. Resolutions 1. The Scheme as contained in the Scheme Document dated March […]
