Investors Bite

Bears Maintain Grip as NGXASI Dips -0.5% Dragged by FBHN, GTCO

May 7, 2024/Cordros Report EQUITIES The Nigerian equities market sustained its negative sentiments as investors sold off FBNH (-9.9%) and GTCO (-6.0%). As a result, the All-Share Index closed at 98,228.50 points, declining by 0.5%. Consequently, the Month-to-Date return was flat while Year-to-Date return moderated to +31.4%. The total volume […]

FSDH Top Picks: Domestic and Global Equities Falter in April

Kindly click here to download the report or visit the FSDH Research to view all our reports. May 7, 2024/FSDH Research Nigerian Equities: March rebound proves to be a dead cat bounce; outlook is a tale of chalk and cheese In our April note, we described the equities market rebound as a “dead cat bounce” with […]

FGN Announces Savings Bond for May 2024

May 6, 2024/FSDH Research The May 2024 FGN Savings Bond has begun. Kindly find the summary of Offer below:  2-Year FGN Savings Bond due May15, 2026: 17.407% per annum 3-Year FGN Savings Bond due May15, 2027: 18.407 % per annum                Opening Date: May 6, 2024               Closing Date:  May 10, 2024               Settlement […]