June 3, 2024/Cordros Report EQUITIES   Trading in the domestic stock market began the week on a negative note as investors sold off FBNH (-4.7%), SEPLAT (-1.3%) and TRANSCORP (-3.9%). Thus, the All-Share index declined by 0.2% to close at 99,118.86 points.  Consequently, the Year-to-Date return settled at +32.6%. The […]

June 3, 2024/United Capital Research Global Markets – Global Markets Closed Lower. Last week saw two very distinct trading dynamics in US markets. The week began with a continuation of technology stocks outperforming the market, while other market segments remained under pressure. The main source of concern was US Treasury […]

May 31, 2024/NGX Nigeria’s foremost power generation solutions provider, Geregu Power Plc and Siemens Energy have signed a Memorandum of Understanding to jointly develop solutions for capacity expansion at the Geregu 1 power plant. The aim is to ensure sustainable, resilient, and efficient power generation while safeguarding the longevity of […]