Investors Bite

NESTLE Drags NGX Indices Down -0.1% to Sustain Last Week’s Bearish Run

May 24, 2021/Cordros Report EQUITIES Activities in the domestic bourse carried on last week’s bearish performance, as profit-taking witnessed in NESTLE (-2.5%) drove the index lower. Thus, the All-Share Index declined by 0.1% to 38,287.58 points. Accordingly, Month-to-date and Year-to-Date losses increased to -3.9% and -4.9%, respectively. The total volume […]

Me Cure Industries Lists N3BN Bond on NGX

May 22, 2021/NGX Me Cure Industries Limited commemorated the listing of its N3Billion bond with a digital Closing Gong Ceremony on Nigerian Exchange (NGX) Limited on Friday, 21 May 2021. The debut listing was the ₦3 billion 5-Year Series 1 Fixed rate Senior Secured Bond issued by Mecure Industry Funding […]

SEC Unveils Rule for Processing Fees Payable for the Registration of Exchange Traded Derivative Products

May 21, 2021/SEC Nigeria New Rule Proposed Rule for Processing Fees Payable for the Registration of Exchange-Traded Derivative Products Filing Fee per Contract N100,000 Processing Fee per Contract N500,000 flat fee Justification The Commission is of the view that the filing fee should be a standard fee chargeable for all […]