Investors Bite

PepsiCo to Acquire Full Ownership of Sabra and Obela

Enables PepsiCo to Accelerate Innovation in Refrigerated Fresh Dips and Spreads to Meet Growing Consumer Demand Further Expands Company’s Positive Choice Portfolio November 22, 2024/PepsiCo PepsiCo, Inc. (NASDAQ: PEP) today announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & […]

Nigerian Equities Ends Week Marginally Higher +0.1% on Mixed Sentiments in Blue Chips

The Nigerian equities market traded marginally higher this week as gains in WAPCO (+28.6%) and DANGSUGAR (+16.7%) outweighed losses in FBNH (-8.0%) and ACCESSCORP (-7.5%), nudging the All-Share Index up by 0.1% w/w to 97,725.64 points. November 22, 2024/Cordros Report Global According to the Office for National Statistics (ONS), consumer […]

Bears Resurface as Nigerian Stocks Dip -0.2% on Losses in GTCO, OANDO

November 21, 2024/Cordros Report EQUITIES The bears resurfaced in the Nigerian equities market as sell pressures on OANDO (-5.6%) and GTCO (-2.5%) caused the All-Share index to decline by 0.2% to 98,050.12 points. As a result, the Month-to-Date and Year-to-Date returns moderated to +0.4% and +31.1%, respectively. The total trading volume […]