March 30, 2026/Cordros Report EQUITIES The Nigerian equities market started the week on a bearish note as losses in WAPCO (-3.3%), ZENITHBANK (-2.9%), GTCO (-1.0%) and DANGSUGAR (-2.8%) dragged the All-Share Index lower by 0.2% to 200,484.44 points. Consequently, the Month-to-Date and Year-to-Date returns settled at +4.2% and +29.1%, respectively. […]
Investors Bite
Afreximbank Concludes New $2-Billion Three-Year Dual Tranche Syndicated Term Loan Facility
—– heralding increased investor confidence in the Bank March 30, 2026/Afreximbank Proceeds from the facility, concluded on 9 March 2026, will be used by Afreximbank to refinance existing facilities and for general corporate purposes African Export-Import Bank (Afreximbank) has successfully concluded a new three-year Dual Tranche Syndicated Term Loan Facility […]
Market Slips Marginally as Trading Cools
Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in CADBURY (-10.00%) and DANGSUGAR (-1.41%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell slightly by 0.02% to settle at 200,913.06 points Year to date returns rose to 29.11% Market capitalisation also fell by 0.02% to close at N128.97tn ($93.19bn) Activity level in the market declined with the total value and volume of stocks traded falling by 26.17% and 12.24% to settle at N24.47bn and 595.15mn units respectively Click […]
