August 16, 2022/Coronation Research The DMO held its monthly auction of FGN bonds yesterday. It offered N225bn but raised N200.9bn (USD466.5m) through re-openings of the 2025, 2032 and 2042 FGN bonds. The participation level was higher when compared to the auction held in July. However, total subscriptions remained lower when […]
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1,300,000 Eterna PLC Ordinary Shares is available for subscription
August 16, 2022/Cordros Update
BUACEMENT Drives Nigerian Equities to +0.02% Gain to Reverse Previous Loss
August 16, 2022/Cordros Report EQUITIES The Nigerian equities market reversed yesterday’s loss as the All-Share Index notched a 0.2% increase to close at 49,709.46 points. Today’s performance was supported by bargain-hunting in BUACEMENT (+2.6%). Consequently, the Month-to-Date loss moderated to -1.3%, while the Year-to-Date gain increased to +16.4%. […]
