Investors Bite

Mecure Reprices N5 Billion Series 11 Commercial Paper Issuance

February 22, 2024/FSDH Capital MeCure Industries Plc’s (“MeCure”) reprices ₦5 billion Series 11 Commercial Paper Issuance (“Transaction”) under its ₦20 Billion Commercial Paper Issuance Programme. The offer is STILL OPEN and scheduled to close on Friday, 23rd February 2024. MeCure Industries Plc is a leading human therapeutics company in the Nigerian pharmaceutical […]

STANBIC Drags Nigerian Stocks to -0.1% Decline

February 22, 2024/Cordros Report EQUITIES Negative sentiments resurfaced in the local bourse today as profit-taking activities in STANBIC (-8.3%) undermined market performance. Thus, the All-Share Index declined by 0.1% to close at 101,239.10 points, with the Month-to-Date and Year-to-Date returns moderating to +0.1% and +35.4%, respectively. The total volume traded declined […]

Bears Hold Sway as NGXASI Down by 12bps Investors Loss N67.45Bn

——NGXASI stands at +35.39% (YTD); Naira depreciated by 1.86% to close at ₦1,571.31 February 22, 2024/Futureview Research Click here to download the full report EQUITIES MARKET: Bears held sway as the Nigerian equities market closed the day’s trading on a negative note. The NGXASI recorded a marginal downtick of 12 […]