Investors Bite

Court Orders Seplat Energy Plc to Hold AGM

May 9, 2023/Seplat Energy Plc Seplat Energy Plc announces that the Federal High Court, per A.R. Mohammed J, sitting in Abuja in Suit number FHC/ABJ/PET/7/2023 – Akinnifesi & Adelaja V. Seplat Energy Plc has delivered a final and binding Judgment, ordering the Company to hold its AGM on 10th May 2023 (“Judgment”). The […]

NGX Starts Week Green +0.2% Driven by Tier-One Banks

May 8, 2023/Cordros Report EQUITIES Trading activities in the local bourse resumed the week on a positive note, as the All-Share index advanced by 0.2% to close at 52,579.52 points. Investors’ interest in NB (+3.9%) and some Tier-1 banking names – GTCO (+1.9%), ZENITHBANK (+1.5%), and ACCESSCORP (+2.7%) – underpinned […]

ASI Intraday Update: Nigerian Stocks Gain +0.05% to Bullish Close

May 8, 2023/InvestmentOne Update SI as at 12.00pm: +0.05% Top Gainers and Losers: REDSTAREX (+9.96%), CAVERTON (+9.52%), ARDOVA (-8.85%) and CHIPLC (-8.85%). Sector Performances: Banking (+0.51%), Consumer Goods (+0.02%), Oil and Gas (-0.80%) and Industrial. Market activity: In today’s trade, total volume and value increased by 26% and 27% respectively, compared to […]