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Nigerian Equities Market Records Six Straight Gains +0.3%, Driven by Banking Counters

December 1, 2020/Cordros Report EQUITIES Nigerian equities sustained yesterday’s performance, as the All-Share Index recorded a sixth consecutive gain, following buying interests in Tier 1 bank names, GUARANTY (+5.4%), ZENITHBANK (+1.7%) and ACCESS (+1.2%). Against the foregoing, the NSE ASI advanced by 0.3% to 35,147.62 points. Accordingly, Month-to-Date and Year-to-Date […]

AfDB Invests in Pioneering SPARK+ Africa Fund to Deliver Clean Cooking Solutions

The Bank’s investment, which will come from its Sustainable Energy Fund for Africa (SEFA), is expected to enable the participation of other interested investors November 30, 2020/AfDB The African Development Bank’s Board of Directors has approved a $5 million investment in the SPARK+ Africa Fund to deliver clean cooking solutions […]

NSE Migrates Four Companies from ASeM to Growth Board

November 30, 2020/NSE The Nigerian Stock Exchange (“NSE” or “The Exchange”) is pleased to announce the migration of Chellarams Plc, Living Trust Mortgage Plc, McNichols Plc, and The Initiates Plc from the Alternative Securities Market (ASeM) to the Growth Board and the launch the associated Growth Board Index on Monday, […]