Investors Bite

Agusto & Co Estimates a 23% Return on Equity in 2022 for the Nigerian Banking Industry

August 29, 2022/Hill+Knowlton Strategies  Agusto & Co. Limited, the pan-African credit rating agency and the foremost business information provider has released its 2022 Nigerian Banking Industry Report. The 2022 edition of the annual report provides a comprehensive review of Nigeria’s banking industry and the near-term expectation for the Industry. In […]

Sell-Off on Dangote Cement Worsens Negative Performance as Index Dips -1.6%

August 23, 2022/Cordros Report EQUITIES Sentiments remained bearish in the domestic bourse as investors sold off DANGCEM (-5.3%) stock. As a result, the NGX ASI closed lower by 1.6% to 48,554.76 points. Accordingly, the Month-to-date loss increased to 3.6%, while the Year-to-Date gain moderated to +13.7%.   The total volume […]

FBNQuest Supports the Growth of Commercial Papers Issuances in Nigeria

August 22, 2022/Hill+Knowlton Strategies  FBNQuest, the investment banking and asset management group of FBN Holdings PLC, has continued to demonstrate its support towards the growth of commercial paper issuances in Nigeria through the organisation’s successful delivery of several debt transactions for corporates. The Nigerian Debt Capital Market in recent years […]