The Nigerian equities market closed in the green territory amid bouts of profit-taking. Specifically, gains in PRESCO (+19.6%), GTCO (+3.9%), INTBREW (+4.0%), and OKOMUOIL (+3.7%) stocks pushed the All-Share Index higher by 0.4% to 47,437.48 points. March 18, 2022/Cordros Report Global Economy In line with our expectations, the Federal Open […]

Partnership between United Bank for Africa and Cellulant extends payments services for merchants and consumers to 19 markets across the African continent March 17, 2022/UBA Plc Africa’s global bank, United Bank for Africa (UBA) Plc, and leading Pan-African Payments Company Cellulant have announced a partnership that will extend payment services for […]

March 17, 2022/Cordros Report EQUITIES Trading in the domestic equities market was positive for most of the day, however late profit-taking activities in SEPLAT (-3.3%) ensured the market closed lower. Precisely, the All-Share Index dipped by 2bps to 47,353.22 points, with the Month-to-Date and Year-to-Date returns unchanged at -0.1%, and […]