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Nigerian Bourse Turn Bearish, NGXASI Dips -0.3% Dragged by Banking Counters

February 13, 2024/Cordros Report EQUITIES Sentiments in the domestic bourse turned negative as profit-taking activities in ZENITHBANK (-3.8%), UBA (-4.8%), and FBNH (-2.9%) undermined market performance. Consequently, the All-Share Index declined by 0.3% to 101,707.70 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to +0.6% and +36.0%, respectively. The total […]

Risks to Global Food Security Remain Tilted to the Downside

February 13, 2024/FBNQuest Research The World Bank has recently released the updated edition of its Food Security report. The report provides an in-depth discussion of recent developments and trends in the agricultural market, globally. The latest report cited several headwinds to global food security, including trade restrictions, extreme climatic conditions, […]