April 12, 2021/Cordros Report EQUITIES Trading at the domestic equities market started the week on a sour note, as investors sold off STANBIC (-9.9%). Thus, the All-Share Index declined by 0.4% to 38,712.55 points. Accordingly, Month-to-Date and Year-to-Date losses increased to -0.9% and -3.9%, respectively. The total volume of trades […]
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Coronation Merchant Bank Commercial Paper Issuance Series XV and XVI Now Open
April 11, 2021/Proshare by Meristem Research The Issue Coronation Merchant Bank Limited (Coronation MB) intends to raise up to NGN25bn via Series XV and XVI Commercial Paper issuance under its NGN100bn Commercial Paper Programme. The firm has indicated that the issue proceeds will be used to finance short term working […]
Bears Regain Control of Nigerian Bourse, ASI Dips -0.1% Week-to-Date
It was a tranquil trading week as the marginal gains recorded in the last three trading days could not offset the loss on the second trading day of the week. Against this backdrop, the bears regained control of the market after conceding to the bulls in the prior week. Consequently, […]
