November 12, 2024/Cordros Report EQUITIES Bearish sentiments resurfaced in the Nigerian equities market, as sell pressures on OANDO (-9.4%), NESTLE (-4.0%), and DANGSUGAR (-4.8%) caused a 0.1% decline in the All-Share Index to 97,260.75 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -0.4% and +30.1%, respectively. The total volume of trades […]

November 12, 2024/Futureview Research FBN Holdings PLC (“FBN Holdings” or the “FBNH” or the “Issuer”) opens Rights Issue of 5,982,548,799 ordinary shares at 50 kobo each, priced at N25.00 per share, available on the basis of 1 new ordinary share for every 6 existing shares held as at the close of […]

November 11, 2024/United Capital Research Global Markets: Markets Closed Lower Across Most Regions; But the US Closed Strong Following the US election, markets experienced a “risk-on” rally, with major indices reaching new all-time  highs. The anticipated volatility around the election did not materialize; instead, equities rallied, particularly after the S&P […]