June 7, 2024/Cordros Report Global At the June monetary policy meeting, the Governing Council of the European Central Bank (ECB) voted to cut its key policy rates in line with market expectations. Accordingly, the council reduced the main refinancing operations, marginal lending facility and deposit lending facility rates by 25bps […]
Investors Bite
Intraday Update: Nigerian Stocks Gain +0.02%, Buoyed by Bellwether Counters
June 7, 2024/InvestmentOne Update ASI as at 12.00pm: +0.02% Top Gainers and Losers: ETI (+8.41%), CHAMS (+7.14%), PRESTIGE (-9.09%) and UNITYBNK (-8.00%). Sector Performances: Banking (+0.16%), Consumer Goods (+0.01%), Oil & Gas and Industrial. Market activity: In today’s trade, total volume and value increased by 27% and 55% respectively, when compared to this time yesterday, as investors have traded about 149 […]
VFD to Raise N30 Billion Fresh Capital, Divest 75% Stake in Abbey Mortgage
June 7, 2024/VDF Group The Board and Management of VFD Group Plc wishes to inform the general and investing public of the strategic decisions made during our recent board meeting held on Thursday, May 30, 2024. These decisions reflect our ongoing commitment to sustainable growth, prudent financial management, and maximizing […]
