Investors Bite

Mecure Industries to List on NGX’s Main Board at N2.96 Per Share

November 6, 2023/NGX Mecure Industries Limited, a leading human pharmaceuticals and nutraceuticals manufacturing company will list 4 billion ordinary shares (4,000,000,000) on Nigerian Exchange Limited (NGX) by introduction at N2.96 per share. This is another major listing for NGX in the pharmaceuticals industry as the company will add N11.84bn to […]

NGX Opens Week Bullish +0.4% Driven by Investors’ Interest in BUACEMENT

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. […]

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 […]