December 18, 2023/Cordros Report EQUITIES The Nigerian equities market resumed the week on a positive note following buying interest in TRANSCOHOT (+9.4%) and FIDELITYBK (+2.7%). Thus, the All-Share Index inched higher by 2bps to close at 72,404.91 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at +1.5% and +41.3%, […]
Investors Bite
Decent Demand for FGN Bonds at Recent Auction
December 15, 2023/Coronation Research The DMO held its monthly auction of FGN Bonds on Monday (11 December ’23). It offered N360.0bn but raised N273.6bn through re-openings of the 14.55% FGN APR 2029, 14.70% FGN JUN 2033, 15.45% FGN JUN 2038 and 15.70% APR 2053 FGN bonds. The bids were allotted […]
Golden Oil Funding SPV Plc Announces Up to ₦5Bn Series 1 Asset-Backed Commercial Paper Issuance
December 15, 2023/FSDH Capital We are pleased to inform you of the launch of Golden Oil Funding SPV PLC (“the Issuer”) up to ₦5 billion Series 1 Asset-Backed Commercial Paper Issuance (“the Transaction”) under the company’s ₦15 billion Asset-Backed Commercial Paper Programme. The proposed Issuance is for a 180-day tenor […]
