January 31, 2022/NGX Nigerian Exchange Limited (NGX) has announced the listing of the Federal Government of Nigeria (FGN) $4,000,000,000 FGN Eurobonds on its platform today, Monday, 31 January 2022. The Eurobonds were issued in three tranches as follows: 6.125% FGN SEP 2028 worth $1,250,000,000.00; 7.375% FGN SEP 2033 worth $1,500,000.00; […]
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Equities Market Begins Week Positive +0.9% Driven by MTNN
January 31, 2022/Cordros Report EQUITIES Trading in the domestic equities market kicked off the week positively, as investors’ demand for MTNN (+4.0%) drove the All-Share Index higher. Precisely, the ASI advanced by 0.9% to 46,624.67 points, with the Year-to-Date returns increasing to +9.2%. The total volume traded increased by 39.0% […]
Bulls Sustain Hold as NGXASI Rise +0.5% Week-on-Week Bolstered by Dividend-Paying Stocks
The bulls continued to dictate proceedings on the local bourse, as the gradual release of corporate earnings bolstered buying interests in dividend-paying stocks. Accordingly, the All-Share Index rose by 0.5% w/w to close at 46,205.05 points. January 28, 2022/Cordros Report Global economy At its first meeting of the year, the […]
