May 18, 2026/Cordros Report The Monetary Policy Committee (MPC) is scheduled to convene on May 19th and 20th for its second meeting of 2026. This is the first meeting since the start of the Middle East conflict on February 28, 2026, and we expect the committee to consider the spillover […]
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AFC Commits $100M to Power Africa’s Digital Growth
Through this commitment, AFC will deploy catalytic capital in leading Africa-focused technology Funds and in particular African-owned fund managers May 18, 2026/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced that its Board has approved a commitment of up to US$100 million to invest in Africa-focused […]
Nigerian Equities Market Open Week Lower -0.01%, Dragged by Bellwether Counters
May 18, 2026/Cordros Report EQUITIES The Nigerian equities markets kicked off the week lower as sell pressures in SEPLAT (-1.0%), WAPCO (-0.6%) and DANGSUGAR (-2.8%) offset demand for OANDO (+10.0%), TRANSCORP (+2.2%), and ZENITHBANK (+0.8%). As a result, the All-Share Index declined by 1bp to 250,311.33 points, causing the Month-to-Date […]
