May 29, 2020/Caritas PR ● Announces US$59m dividend payout to shareholders Lagos, Nigeria – 28 May 2020: Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), remains a resilient business that generates […]
Investors Bite
Nigerian Equities Falls by -0.22% Amid Renewed Bearish Run
May 28, 2020/Cordros Report EQUITIES Equity sentiments in the domestic market were negative, as investors took profit from most tier 1 banking stocks. Specifically, the All-Share index moderated by 0.22% to 25,221.23 points. Against the foregoing, Month-to-Date return declined to 9.56%, as Year-to-Date losses rose marginally to -6.04%. The total […]
Nigerian Equities Market Up +0.7% on Sustained Bullish Run
May 27, 2020/Cordros Report EQUITIES The domestic bourse started the week’s trading on a positive note, as investors’ interest in banking stocks and NB (+10.0%), supported the market. This is despite the decline in market heavyweight, DANGCEM (-8.5%). Thus, the All-Share index advanced by 0.7% to 25,221.23 points. Accordingly, Month-to-Date […]
