December 14, 2022/Cordros Report EQUITIES Trading in the domestic equities market closed positively as interest in BUACEMENT (+2.9%) triggered a 0.3% increase in the benchmark index. Consequently, the All-Share Index closed at 48,988.04 points, with the Month-to-Date and Year-to-Date returns increasing to +2.8% and +14.7%, respectively. The total volume of […]
Investors Bite
December Bond Auction: Marginal Rates Trend Lower
December 14, 2022/United Capital Research On Monday, the Debt Management Office (DMO) conducted its December FGN bond auction in the primary market, with an offer of N225.0bn across three tenors, MAR 2029, APR 2032 and APR 2037. At the auction, investors demand came in strong with overall bids summing up […]
Stanbic IBTC Asset Management Limited Launches NGN19.997 Billion Infrastructure Fund Series III Issuance
December 13, 2022/P+ Measurement Services Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings, has announced the NGN19.997 billion Series III offer (the “Series III Issuance”) under its Stanbic IBTC Infrastructure Fund (the “Fund”) NGN100 billion Programme. The offer opened on Friday, 25 November 2022 and is scheduled to […]

