January 27, 2022/NGX Nigerian Exchange Limited (“The Exchange” or “NGX”) will hold its annual 2021 Market Recap and 2022 Outlook in collaboration with Renaissance Capital (RenCap) on Thursday, 3 February 2022. The virtual event will facilitate conversations around The Exchange, the larger Nigerian capital market and the economy as a […]

January 27, 2022/Cordros Report EQUITIES   The equities market reversed yesterday’s gains as investors took profits off DANGCEM (-8.5%). Consequently, the All-Share Index declined by 1.1% to 46,009.23 points. Accordingly, the Year-to-Date return moderated to +7.7%. The total volume of trades declined by 15.1% to 279.44 million units, valued at […]

January 26, 2022/CAMCAN The Managing Director, Morgan Capital Securities Limited and an economic analyst, Mr Rotimi Olubi, has said that electioneering for 2023 general elections in Nigeria will further increase foreign portfolio outflows and cause Foreign Portfolio Investors (FPIs) to remain on the sidelines. Olubi said this at a forum […]