Investors Bite

SEC Urges Shareholders to Uphold High Ethical Standards

November 13, 2022/SEC Nigeria The Securities and Exchange Commission has implored Shareholders  to continue to uphold high ethical standards and promote new strategies to strengthen accountability amongst market participants in the Nigerian Capital Market.The advise was given by the Director General of the SEC, Mr. Lamido Yuguda during the 2022 […]

Nigerian Stocks Record -0.7% Weekly Loss on Sell-Offs in Bellwether

November 11, 2022/Cordros Report Activities in the domestic bourse took a negative turn this week as the loss recorded on the second trading day (-1.8%) proved sufficient in wiping off the cumulative 1.2% gain as of Friday. Precisely, the All-Share Index declined by 0.7% to 43,968.75 points, driven by sell-offs […]

Nigerian Stocks Sustain Bullish Run, Dangote Cement Drives Index Higher +1.1%

November 10, 2022/Cordros Report EQUITIES Trading in the local bourse sustained its positive momentum as sustained interest in DANGCEM (+7.8%) drove the benchmark index higher. Thus, the All-Share Index notched a 1.1% increase to close at 43,942.82 points. Accordingly, the Month-to-Date and Year-to-Date returns printed +0.2% and +2.9%, respectively. The […]