Investors Bite

Nigerian Stocks Open H1 2025 Bearish -0.2%, Dragged by Dangote Cement, ZENITHBANK

July 1. 2025/Cordros Report EQUITIES The domestic equities market opened the second half of the year on a negative note, as sell pressures on DANGCEM (-3.4%), GTCO (-1.2%) and ZENITHBANK (-1.6%) drove the All-Share Index lower by 0.2% to 119,741.23 points. As a result, the Year-to-Date returns moderated to +16.4%.  […]

NGX Reveals Results of Half-Year Review of Market Indices

July 1, 2025/NGX Nigerian Exchange Limited (“NGX” or “The Exchange”), the sustainable exchange championing the development of Africa’s largest economy, has announced the results of its full year market index review for the following indices – NGX 30; NGX Lotus Islamic; NGX Pension; NGX Pension Broad Index; Corporate Governance Index; […]

Financial Sector: Africa Launches First Pan-African Card Scheme – PAPSSCARD

Image Credit: Afreximbank The new card represents a major leap in Africa’s efforts to achieve financial sovereignty by building resilient and independent payment systems June 30, 2025/Afreximbank Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Unveiled on June […]