November 23, 2022/InvestmentOne Update the Federal Government of Nigeria’s (“FGN” or the “Issuer”) announcesa Series V Sovereign Sukuk of up to NGN100 billion (the “Issue” or “the Offer’’). The Offer is now open and is scheduled to close on Tuesday, November 29, 2022. The DMO commenced the issuance of […]
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MIDDAY UPDATE: Nigerian Stocks Gain +0.66% Driven by Banking, Industrial Counters
November 23, 2022/InvestmentOne Update ASI as at 12.00pm: +0.66% Market movers: DANGCEM (+9.98%), CORNERST (+9.09%), SCOA (-9.30%) and PZ (-3.06%). Sector Performances: Industrial (+0.30%), Banking (+0.15%), Consumer Goods (-0.04%) and Oil and Gas. Market activity: In today’s trade, total volume increased by 44%, while value declined by 75% compared […]
Nigerian Equities Maintain Bullish Trend Up +0.6%, Driven by MTNN
November 22, 2022/Cordros Report EQUITIES The local bourse extended yesterday’s gain as buying interest in MTNN (+1.5%) drove the All-Share Index 0.6% higher to 44,929.33 points. Accordingly, the Month-to-Date and Year-to-Date gains increased to +2.5% and +5.2%, respectively. The total volume traded declined by 20.7% to 126.56 million units, valued […]
