13/3/2018/Cordros Update EQUITIES The bulls resurfaced on the equities market, with the ASI inching higher by 0.04% to 43,073.42 points. The Month-to-Date loss dropped to 0.59%, while the Year-to-Date gain improved marginally to 12.63%.   The Insurance (+1.34%), Oil & Gas (+0.86%), and Industrial Goods (+0.68%) indices closed in the green, […]

March 13, 2018/NSE Seplat today announced that it has priced its offering of $350 million in aggregate principal amount of 9.25% senior notes due 2023 (the “Notes”). The Notes will be issued by the Company and guaranteed by certain of its subsidiaries. The gross proceeds of the Notes will be […]

March 13, 2018/InvestmentOne Update The Nigerian equities market was somewhat flat today, gaining 0.04%. However, market breadth index ended negative with 39 stocks declining against 26 stocks that gained. CUTIX (+6.12%) had the best performance while JAPAULOIL (-8.33%) topped the laggardsâ chart. ZENITHBANK (-1.77%) was the most actively traded with […]