May 14, 2022/P+ Measurement Services Stanbic IBTC Asset Management Limited (the “Fund Manager”), a subsidiary of Stanbic IBTC Holdings PLC, is pleased to announce that the N15 billion Series II Offer (the “Offer”) under its Stanbic IBTC Infrastructure Fund (the “Fund”) N100 billion Shelf Programme is now open and scheduled […]
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Nigerian Stocks Remain Unscathed Despite Global Rout, Index Records +4.3% Weekly Gain
Despite the rout across the global equities market, the rally in the Nigerian equities market remained unscathed as intense bargain hunting activities in cyclical stocks pushed the All-Share Index higher by 4.3% w/w to close at 53,100.21 points. May 13, 2022/Cordros Report Global Economy The United States’ headline inflation appears […]
Nigerian Stocks Sustain Bullish Run _0.2% Driven by WAPCO
May 12, 2022/Cordros Report EQUITIES Trading in the domestic bourse sustained its positive momentum as investors’ interest in WAPCO (+9.9%) drove the benchmark index higher. Accordingly, the All-Share Index rose by 0.2% to 52,917.76 points. Consequently, the Month-to-Date and Year-to-Date returns increased to +6.6% and +23.9%, respectively. The total […]
