November 3, 2021/Cordros Report EQUITIES Bearish sentiment resurfaced in the domestic equities market as investors took profit off ZENITH (-2.0%), WAPCO (-2.6%) and GTCO (-1.1%). Thus, the benchmark index declined by 0.1% to 41,975.45 points. Accordingly, the Month-to-Date loss increased to -0.2% while the Year-to-Date gain moderated to +4.2%. […]
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Airtel Africa Concludes $52 Million First Tower Sale Transaction in Madagascar
November 3, 2021/NGX Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces the first closing of the transaction to sell its telecommunications tower company in Madagascar to Helios Towers plc, a leading independent telecommunications infrastructure company in Africa. […]
MIDDAY UPDATE: Nigerian Stocks Inch Up +0.01% as Market Heads to Negative Territory
November 3, 2021/InvestmentOne Update ASI as at 12.00pm: +0.01% Market movers: UNIVINSURE(+10.00%), WAPIC (+6.25%), AIICO (-9.38%), and LINKASSURE (-8.77%) , Sector Performances: Banking (-0.66%), Consumer Goods (-0.08%), Industrial (-0.02%), and Oil and Gas. Market activity: In today’s trade, total volume increased by 9% while total value decreased by 33% , compared to this time yesterday, as investors have traded about 132million units of shares worth […]
