December 3, 2024/Cordros Report EQUITIES The Nigerian equities market traded with mixed sentiments, albeit with a bearish tilt, as sell pressures on ARADEL (-8.7%) outweighed gains in WAPCO (+10.0%). Consequently, the All-Share Index inched lower by 3bps to 97,702.56 points, with the Month-to-Date and Year-to-Date returns settling at +0.2% and […]
Author: InvestAdvocate
Coronation Fixed Income and Exchange Rate Update
December 3, 2024/Coronation Merchant Bank Summary As of Friday last week, market liquidity closed negative at N237.03bn. Call, overnight, and repo rates closed within a range of 7.7% – 29.9% In the secondary market the average Treasury-bill yield increased by 113bps to close at 25.16% pa. The average yield for […]
Greenwich Merchant Bank Names Benson Ogundeji MD/CEO
December 3, 2024/Greenwich Merchant Bank The Board of Directors of Greenwich Merchant Bank Limited has announced the appointment of Mr. Benson Ogundeji as its substantive Managing Director/Chief Executive Officer, following the receipt of the approval of the Central Bank of Nigeria (CBN). The Chairman of the Board, Mr. Kayode Falowo, […]
