Capital Market

Monthly Markets Review – Overview of Markets in April 2017

May 4, 2017/Cordros Research Click here to download full PDF Copy of Report Highlights: Global equities were mixed in April, with factors that shaped market performance ranging from economic data, corporate earnings, geopolitical tensions, monetary and fiscal policies actions, politics, currency swings, to oil price movements. Nigerian equities closed positive […]

NSE ASI revs by 58.4 bps amid bullish activities

May 3, 2017/Cowry Asset Overall equities market performance measures, NSE ASI and market capitalisation, revved by 58.4 bps amid bullish activities. Elsewhere, NIBOR moved in mixed directions across the tenor buckets. On the otherhand, NITTY fell for  most of the maturities amid renewed bargain hunting. Meanwhile the OTC FGN bond […]

Dangote Sugar to raise N21 bn from capital market

May 3, 2017/Vanguard By Nkiruka Nnorom DANGOTE Sugar Refinery, DSR Plc, has revealed plans to raise N21.2 billion through equity injection from the capital market to fund its backward integration project and also actualise the Dangote Sugar Master Plan. The Group Managing Director, Mr. Abdullahi Sule, who made the disclosure, […]