November 6, 2023/Cordros Report EQUITIES Trading activities in the local bourse resumed the week on a positive note, driven by investors’ interest in BUACEMENT (+4.5%). Thus, the All-Share index advanced by 0.4% to close at 70,479.62 points, with the Month-to-Date and Year-to-Date returns settling at +1.8% and +37.5%, respectively. […]
Investors Bite
Dangote Cement Plc Opens Series 10 & 11 Commercial Paper Offer
November 6, 2023/Research & Strategy Futureview Financial Services Dangote Cement Plc (“Dangote Cement” or the “Company”) has launched Series 10 & 11 Commercial Paper offer of up to ₦50 billion under its ₦300bn Commercial Paper Issuance Programme (the “Offer”). The Offer is NOW OPEN and scheduled to close tomorrow Tuesday, 07 November 2023. Dangote Cement is Sub-Saharan Africa’s leading cement producer, with […]
Credit Direct Successfully Completes Its Debut Commercial Paper Issuance
November 6, 2023/Credit Direct Limited Credit Direct Finance Company Limited (Credit Direct), a member of the FCMB Group and the leading non-bank consumer lending institution in Nigeria announces the successful completion of its debut commercial paper issuance on the FMDQ platform. The issuance witnessed an oversubscription of 137%, indicating strong investor confidence in the company. Initially […]
