Priced at a coupon of 7.50% with no fixed maturity, AFC’s maiden perpetual bond attracted robust demand, peaking at US$1.1 billion in orders, and closed with 1.5 times oversubscription January 15, 2025/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has successfully priced a US$500 million perpetual hybrid […]
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Dangote Cement Drags Down Nigerian Indices by -1.5%
January 15, 2025/Cordros Report EQUITIES Profit-taking activities continued today in the Nigerian equities market, as sell pressures on DANGCEM (-10.0%) weighed down the All-Share Index by 1.5% to 102,095.95. As a result, the Year-to-Date return settled at -0.8%. The total volume traded declined by 14.3% to 431.30 million units, valued […]
Investment Opportunity in FGN Savings Bond – January 2025 Offer for Subscription
January 14, 2025/Futureview Research Kindly find below details of the monthly FGN Savings Bond which opened Monday, 13 January, 2025 and will close on Friday, 17 January, 2025. MODE OF SUBSCRIPTION Investors can subscribe through us as one of the accredited Distribution Agents, following the process below: 1. Download and […]
