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Nigerian Stocks Record Fifth Straight Weekly Gain +1.4% Driven by FBNH, GTCO, OKOMUOIL

The Nigerian equities market recorded its fifth consecutive weekly gain as strong buying interest in FBNH (+29.6%), OKOMUOIL (+8.2%) and GTCO (+3.5%)  drove the All-Share Index 1.4% higher to close at 41,438.15 points. October 15, 2021/Cordros Report Global economy   According to the Bureau of Labour Statistics (BLS), headline inflation […]

NGX Group Announces Successful Listing on NGX

October 15, 2021/NGX Nigerian Exchange Group Plc (‘NGX Group’ or ‘The Group’) is delighted to announce the successful listing of its shares on the Main Board of Nigerian Exchange Limited (‘NGX’ or ‘The Exchange). Having satisfied the Listing Requirements of The Exchange and obtained relevant regulatory approvals, NGX Group is […]

Nigerian Stocks Sustain Third-Straight Session to Gain -0.2% Driven by FBNH

October 14, 2021/Cordros Report EQUITIES The Nigerian equities market maintained positive trading for the third-straight session as sustained buying interest in FBNH (+7.3%) drove the All-Share Index higher. Precisely, the ASI advanced by 0.2% to 41,129.98 points, with the Month-to-Date and Year-to-Date returns increasing to +2.3% and +2.1%, respectively.   […]