April 6, 2022/Coronation Research Coronation Merchant Bank Limited (the “Dealer”) is pleased to notify you of the opening of the Series 1 & 2 Commercial Paper Issuance (“CP” or the “Issuance”) by MTN Nigeria Communications PLC (“MTN Nigeria” or the “Issuer”) under its ₦150 billion commercial paper programme. The issuance […]
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NGX Closes Marginally Down -0.02% Dragged by GTCO
April 6, 2022/Cordros Report EQUITIES The Nigerian equities market traded with mixed sentiments as a loss in GTCO (-1.1%) offset the gain in SEPLAT (+1.1%). Thus, the All-Share Index traded flat at 46,766.16 points, with the Month-to-Date and Year-to-Date returns unchanged at -0.4% and +9.5%, respectively. The total volume of […]
MIDDAY UPDATE: Nigerian Stocks Head Southwards Dragged by Consumer, Oil & Gas Counters
April 6, 2022/InvestmentOne Update ASI as at 12.00pm: -0.03% Market movers: NGXGROUP (-4.18%), JAIZBANK (-2.99%), WAPIC (+10.00%) and REGALINS (+10.00%). Sector Performances: Oil and Gas (-0.29%), Consumer Goods (-0.06%), Banking (+0.05%) and Industrial (+0.01%). Market activity: In today’s trade, total volume and value decreased by 36% and 29% respectively, compared […]
