October 19, 2022/United Capital Research On Monday, the Debt Management Office (DMO) conducted its October FGN bond auction in the primary market, with an offer of N225.0bn across three (3) tenors, MAR 2029 (6-year bond), APR 2032 (10-year bond) and APR 2037 (15-year bond). Overall, investor demand was underwhelming, with […]
Investors Bite
Which Way Equities?
October 19, 2022/InvestmentOne Update What if the stocks you purchase now could return above 10 percent in dividends by Q1 2023? Interesting right? But first, a quick recap of the year so far. The global economy has, for the better part of the year, experienced severe setbacks ranging from geo-political […]
Stocks Extend Bearish Run -2.2% Dragged by AIRTELAFRI
October 18, 2022/Cordros Report EQUITIES The domestic equities market extended yesterday’s bearish performance following a loss in AIRTELAFRI (-10.0%). Thus, the All-Share Index declined by 2.2% to close at 45,366.32 points. Accordingly, the Month-to-Date loss increased to -7.5%, while the Year-to-Date gain moderated to +6.2%. The total volume […]
