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Nigerian Stocks Sustain Bullish Momentum, Index Notch +0.6% Driven by MTNN, SEPLAT

April 28, 2022/Cordros Report EQUITIES Trading in the domestic bourse sustained its positive momentum as the All-Share Index notched a 0.6% gain to close at 48,837.76 points. Today’s performance was supported by gains in SEPLAT (+9.1%) and MTNN (+0.9%). Consequently, the Month-to-Date and Year-to-Date returns increased to +4.0% and +14.3%, […]

BUACEMENT, GUINNESS Drives Nigerian Equities to 0.01% Marginal Gain

April 27, 2022/Cordros Report EQUITIES For most of today’s session, the Nigerian equities market traded quietly; however, gains recorded in BUACEMENT (+1.0%) and GUINNESS (+7.5%) ensured the market closed higher amid profit-taking on some banking names. Thus, the All-Share Index increased by 1bp to 48,571.75 points, with the Month-to-Date and […]

FSDH Capital Announces Successful Completion of Shelter Afrique N46 Billion Bond Issuance

April 27, 2022/FSDH Capital FSDH Capital Limited, the investment banking and securities trading subsidiary of FSDH Group, has demonstrated its capital raising credentials by leading the successful financial close of the N46 billion (US$110.7 million) Series 1 Fixed Rate Senior Unsecured Bond Issuance in Nigeria’s capital market under the N200 billion […]