The Colombo Stock Exchange (CSE) and University Canada West (UCW) successfully concluded a webinar on the theme ‘How the Financial Market evolved through the pandemic’. The webinar attracted over 60 participants and included insights from Canadian and Sri Lankan experts. The virtual event is one of the collaborative programs organized by the two organizations that.
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The Central Bank of Nigeria will sustain its expansionary monetary policy through the period of Q1, 2021 as it supports the growth and recovery of Nigeria from the current recession.
Cordros Securities disclosed this in a recent media briefing on its latest report titled “Positioning the New Normal”.
According to Jolomi Odonghanro, Head of Research & Strategy, Cordros Securities in his presentation said the accommodative policy of the CBN which is geared towards stabilizing the economy, will switch to tightening from Q2,2021.
Based on this projection he said market yields will remain in the low single-digit through H1,2021 with a moderate uptrend to account for reduced market participation as investors demand for higher yields.