We observed that investors flocked into the shares of (1) TOTAL on the back of the impressive Q2-21 earnings release accompanied with an interim dividend of NGN4.00/s and (2) DANGCEM due to expectation of the second tranche of its share buyback programme. Based on the preceding, the All-Share Index advanced […]
Investors Bite
Dangote Cement Buoy Nigerian Stocks to +1.7% Gain
July 22, 2021/Cordros Report EQUITIES Trading in the local bourse was negative for most of the day; however, late buying interest in DANGCEM (+7.8%) following the second tranche of the company’s proposed share buyback ensured the market closed higher. Precisely, the All-Share Index advanced by 1.7% to 38,585.52 points – the […]
Oando, SEC Enters into Settlement
July 19, 2021/Oando Plc Oando PLC (referred to as “Oando” or the “Company”) is pleased to announce that on Thursday, July 15, 2021, the Company entered into a settlement with the Securities and Exchange Commission (referred to as “SEC” or the “Commission”), of all matters subject of litigation and other […]
