September 7, 2022/Cordros Report EQUITIES Trading in the local bourse remained bearish as investors took profits off FCMB (-8.0%) stock. Thus, the All-Share Index shed 2bps to close at 49,635.76 points. Consequently, the Month-to-date and Year-to-Date returns were unchanged at -0.4% and +16.2%, respectively. The total volume traded declined by […]
Investors Bite
Bearish Sentiment Persists as NGX Dips -0.02% on Banking, Oil & Gas Losses
September 7, 2022/InvestmentOne Report The Nigerian equities market closed marginally negative by 0.02% as the NGX-ASI settled at 49,635.76pts. In today’s trade, market breadth index was slightly negative with 17 losers against 16 gainers. PZ (+9.76%) led the gainers, while CHAMS (-10.00%) was the top loser today. STERLNBANK (-3.90%) was the most […]
MTNN Announces N23Bn Series 3 Commercial Paper Notes Under its N150Bn Issuance Programme
September 6, 2022/NGX MTN Nigeria Communications Plc (MTN Nigeria) hereby notifies of its proposed issuance of up to N23bn (Twenty Three Billion Naira) Series 3 Commercial Paper notes under its N150bn (One Hundred and Fifty Billion Naira) Commercial Paper Issuance Programme (the “Issuance”). The Issuance is part of the Company’s […]

