Other News

Budget Credibility as an Anchor for Better Economic Outcomes for Africa

(Credit: IMF Photo)  May 13, 2026/IMFBlog Policy priorities include more realistic forecasting, stronger expenditure controls, improved cash management, and institutional reforms to better align budgets with outcomes Budgets people can trust—because spending and revenues stay close to what was promised—are critical to delivering better economic outcomes. Yet across sub-Saharan Africa, […]

Nigerian Bourse Inches Up +0.04% on Bellwether Gains

May 13, 2026/Cordros Report EQUITIES The local bourse traded with mixed sentiments in today’s session, although the market ultimately closed marginally higher, as gains in BUACEMENT (+2.4%), MTNN (+1.8%) and UNILEVER (+6.5%) offset losses in FIRSTHOLDCO (-9.9%), GTCO (-2.9%) and ZENITHBANK (-3.0%), lifting the All-Share Index higher by 4bps to […]

NGX Extends Rally as Bulls Sustain Market Momentum

Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in BUACEMENT (+2.55%) and DANGSUGA (+0.44%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.17% to settle at 252,841.39 points Year to date returns rose to settle at 62.48% […]