Investors Bite

Market Kickstarts the Week on a Bullish Note +4.0% Driven by AIRTEL, MTNN

June 13, 2023/Cordros Report EQUITIES The local bourse opened the week on an impressive note as investors reacted positively to the policy signals and planned financial sector reforms from the new administration. Precisely, investors’ interest in AIRTELAFRI (+7.8%) and MTNN (+3.6%) prompted a 4.0% gain in the All-Share index to […]

Domestic Financial Market Company Update

June 9, 2023/United Capital Kindly see below company dividend declarations as at Friday, 09-June-2023.  S/N Company Bonus Dividend/Share Qualification Dates Dividend Yield Closure of Register Payment Date 1 ABC Transport Plc – ₦0.02 26-May 3.5% 29 to 31-May To be advised 2 Access Holdings Plc – ₦1.30 09-May 10.2% 10-May […]

Investors Interest in AIRTELAFRI Drives Nigerian Stocks to +0.2% Weekly Gain

June 9, 2023/Cordros Report Global Economy According to the recently released data by the National Bureau of Statistics, China’s consumer prices rose by 10bps to 0.2% y/y in May (April: +0.1% y/y). While prices increased slightly, we highlight broad price pressures remain soft relative to the historical average due to […]