December 5,2024/Cordros Report EQUITIES The local bourse ended today’s session on a bearish note, as profit-taking activities in WAPCO (-2.1%), ARADEL (-1.5%), and ZENITHBANK (-1.7%) caused a 0.1% decline in the All-Share Index to 98,114.11 points. Sequentially, the Month-to-Date and Year-to-Date returns moderated to +0.6% and +31.2%, respectively. The […]
Investors Bite
A Successful Eurobond Issuance
December 5, 2024/CSL Research On Tuesday, December 2, 2024, Nigeria successfully raised $2.2 billion through Eurobonds in the international capital markets, marking its first issuance in over two years. The previous issuance occurred in March 2022, when the country secured $1.25 billion at an interest rate of 8.35%. The latest […]
Monthly Equities Market Insight – November 2024
December 5, 2024/InvestmentOne Report The local equities market was down by 0.15% MoM to close negative in November 2024, as the NGXASI extended its loss from the previous month (October 2024: -0.92%). The performance was attributed to the bearish sentiment observed in some large cap stocks such as OANDO (-563.92pts), […]

