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Dangote Cement, FBNH Drives Nigerian Stocks to Open Week with +0.1% Gain

December 20, 2021/Cordros Report EQUITIES Activities in the domestic equities market picked up from where they left off last week, closing higher on gains in FBNH (+1.2%) and DANGCEM (+0.6%) stocks. Thus, the All-Share Index advanced 0.1% to 42,394.71 points. Consequently, the Month-to-Date loss moderated to -2.0%, while the Year-to-Date […]

Nigerian Stocks Open Week Positive -0.10% on Gains Across Sectors

December 20, 2021/InvestmentOne Report The Nigerian equities market closed northwards by 0.10% as NGX-ASI closed at 42,394.71 pts.   In today’s trade, market breadth index was positive with 21 gainers against 11 losers.  NEIMETH (+9.82%)  led the gainers, while CILEASING (-8.70%) was the top loser today.  FBNH (+1.24%)  was the most actively traded stock with about 20million units of shares […]

FGN Series IV Sukuk Issuance Opens

December 20, 2021/InvestmentOne Update The Federal Government of Nigeria (“FGN”) issue of up to N250billion 10-Year Ijarah Sukuk Due 2031 is now open and scheduled to close at 2.00 pm on Wednesday, 22 December 2021.   The FGN Roads Sukuk Company 1 PLC is a special purpose vehicle set up by […]