Investors Bite

Valency Agro Nigeria Limited’s Series 7 & 8 Up to ₦5 Billion Commercial Paper Issuance (13.00% & 14.00% YIELD)

Image Credit: Coronation Merchant Bank March 17, 2022/Coronation Merchant Bank Coronation Merchant Bank Limited (the “Arranger”) is pleased to notify you of the opening of the Series 7 & 8 Commercial Paper Issuance (“CP” or the “Issuance”) by Valency Agro Nigeria Limited (“Valency” or the “Issuer”) under its ₦20 Billion […]

NGX, IFC Partner to Build Capacity on Green Bonds Issuance

March 16, 2022/NGX Nigerian Exchange Limited (“NGX” or “The Exchange”) in collaboration with International Finance Corporation (IFC) – a member of the World Bank Group – hosted a training for issuers and market operators on the issuance of sustainable financial instruments on 10th and 11th March 2022. The training themed […]

NGX Reverses Two-Day Straight Decline as MTN Buoy Benchmark Index to +0.1% Higher

March 16, 2022/Cordros Report EQUITIES The Nigerian equities market reversed its two-day consecutive decline and traded positively, as buying interest in MTNN (+0.2%) drove the All-Share Index higher by 0.1% to close at 47,364.46 points. Consequently, the Month-to-Date return settled at -0.1%, while the Year-to-Date return increased to +10.9%. The total volume […]