July 18, 2023/NGX McNichols Consolidated Plc is pleased to notify that the Company has obtained an approval from the Securities and Exchange Commission to conduct the signing ceremony with regards to the proposed Rights Issue of $31,242,609 (Five Hundred and Thirty One Million, Two Hundred and Forty Two Thousand, Six […]

July 18, 2023/Cordros Report EQUITIES The Nigerian equities market extended yesterday’s positive trading following bargain buying in DANGCEM (+6.7%). Specifically, the All-Share Index notched a 1.3% gain to close at 63,766.72 points. Consequently, the Month-to-Date and Year-to-Date gains increased to +4.6% and +24.4%, respectively. The total volume traded advanced by 22.4% […]

The Pembani Remgro Infrastructure Fund II will invest in companies based in some of sub-Saharan Africa’s leading economies July 18, 2023/AfDB The Board of Directors of the African Development Bank has approved a US$ 20 million investment in the Pembani Remgro Infrastructure Fund II in Côte d’Ivoire. The Bank’s investment […]