February 19, 2021/Proshare By Stanbic IBTC We are pleased to inform you of the Series 3 and 4 Commercial Paper issuance (“CP or the “Issuance”), under Dufil Prima Foods PLC’s (“Dufil” or the “Issuer”) NGN30 Billion programme is now open and scheduled to close on 26 February 2021. Dufil is no […]
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NSE ASI Moderates by 0.63% amid Rising Yield in the Fixed Income Space
February 18, 2021/Cowry Asset Bearish sentiment continued to dominate the market as the All-Share Index (ASI) moderated by 0.63% to close at 40,212.19 points; hence, the year-to-date gain of the NSE ASI plunged to 0.14%. We witnessed major sell-offs across tickers as the number of losers (30) outnumbered the gainers […]
MTNN, GTBank, ZENITH Drive Nigerian Stocks Down -0.6%
February 18, 2021/Cordros Report EQUITIES Bearish sentiments persisted in the local bourse, as investors sold off bellwethers – MTNN (-0.9%), GUARANTY (-1.9%) and ZENITHBANK (-3.6%). Consequently, the NSE ASI declined by 0.6% to 40,212.19 points. Accordingly, the Month-to-Date and Year-to-Date losses increased to -5.2% and -0.2%, respectively. The total volume […]
