February 4, 2025/Cordros Report EQUITIES Bullish sentiments persisted in the local bourse as gains in PRESCO (+6.5%), MTNN (+0.8%), and GTCO (+1.6%) caused a 0.2% increase in the benchmark index to 104,788.35 points. Consequently, the Month-to-Date returns and Year-to-Date returns settled at 0.3% and +1.8%, respectively. The total trading volume […]
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Nigerian Equities Open Week Bullish +0.1%, Buoyed by MTNN, OKOMUOIL, PRESCO
February 3, 2025/Cordros Report EQUITIES The domestic bourse opened the week on a positive note as bargain hunting in PRESCO (+10.0%) following the release of their 2024FY unaudited financial statements and gains in MTNN (+1.2%) and OKOMUOIL (+9.9%) caused the All-Share Index to inch higher by 0.1% to 104,630.30 points. […]
MIRO Secures New $10.7 Mllion Shareholder Loan, Advised by Verdant IMAP
MIRO supplies customers globally including North America, Europe, the Middle East, and local African markets February 3, 2025/Verdant Capital Verdant IMAP acted as financial adviser to MIRO Forestry and Timber Products (“MIRO”) to secure a USD 10.7 million shareholder loan to support the company’s operational cash flow requirements. The loan […]
