Despite the recent hike in the monetary policy rate (MPR), the domestic stock market maintained its upward momentum this week, as bullish sentiments dominated three of the five trading sessions. Specifically, the All-Share Index climbed by 0.2% w/w. September 27, 2024/Cordros Report Global According to the flash estimates from S&P […]
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CSCS Names, Bola Adesola, Aisha Muhammed-Oyebode as Directors
September 26, 2024/CSCS The Central Securities Clearing System (CSCS) Plc, Nigeria’s largest Central Securities Depository (CSD), is pleased to announce the appointment of Mrs. Bola Adesola and Dr. Aisha Muhammed-Oyebode to its Board of Directors. These appointments reflect CSCS’s commitment to strengthening its leadership with experienced professionals. The appointment of […]
Bears Resurface as Nigerian Stocks Loss -0.5% on Selloffs in MTNN
September 26, 2024/Cordros Report EQUITIES Bearish sentiments resurfaced in the domestic equities market, as sell pressures in MTNN (-4.4%) drove the All-Share Index lower by 0.5% to 98,523.56 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to +2.0% and +31.8%, respectively. The total volume of trades declined by 42.9% to 344.36 […]
