December 29, 2021/CSL Research According to the recently released NGX Domestic & Foreign Investment report for November 2021, the total value traded on the local bourse, albeit still high, declined by 7.95% m/m to N196.1bn (US$472.5m) in November from N213.1bn (US$513.3m) in October. Despite the foreign investors’ increased activity level […]

December 29, 2021/Cordros Report EQUITIES The local bourse kicked off the trading week with negative sentiments as investors took profit off BUACEMENT (-10.0%). Thus, the All-Share Index declined by 1.1% to 41,807.10 points. Accordingly, Month-to-Date loss increased to -3.3%, while the Year-to-Date gain moderated to +3.8%. The total volume of […]

December 28, 2021/SEC Nigeria This circular is made pursuant to Section 13(u) of the Investments and Securities Act (ISA), 2007 and Schedule 1, Part D of the SEC Rules (Registration Fees, Minimum Capital Requirements, Securities and others) which empower the Securities and Exchange Commission (SEC) to levy, among others, fees […]