September 12, 2022/Coronation Merchant Bank Coronation Merchant Bank Limited is pleased to announce its role as the lead arranger and dealer on Coleman’s ₦10.005 billion Series 5 & 6 commercial paper issuance, which is the largest commercial paper issuance by a company in the Nigerian cables and wires industry. The […]
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FBNH, WAPCO Drags Nigerian Stocks Down 0.14% to Open Week
September 12, 2022/Cordros Report EQUITIES The domestic equities market started the week’s trading with bearish sentiments, as investors took profits off FBNH (-3.3%) and WAPCO (-2.8%) stocks. Thus, the All-Share Index settled lower by 0.1% at 49,626.05 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at -0.4% and +16.2%, respectively. […]
Bears Resurface on Nigerian Bourse, as Bellwether Drag Index Down -0.7% W/W
The bears resurfaced on the domestic bourse as the benchmark index recorded declines in three of the five trading sessions. Accordingly, the All-Share index dipped by 0.7% w/w to close at 49,695.12 points. Particularly, profit-taking activities witnessed in ZENITHBANK (-5.3%), STANBIC (-4.6%), AIRTELAFRI (-2.0%), and FBNH (-1.4%) drove the weekly […]
