April 17, 2023/Cordros Report EQUITIES The Nigerian equities market carried on last week’s bearish sentiments, as losses in MTNN (-6.7%) and ZENITHBANK (-0.5%) triggered a 1.5% decline in the benchmark index. Thus, the All-Share Index settled at 51,120.94 points. Accordingly, the Month-to-Date and Year-to-Date returns printed -5.7% and -0.3%, respectively. The […]
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AIRTELAFR Drags Nigerian Stocks Lower as Index Dips 2.1% Week-on-Week
Risk-off sentiments continue to reverberate in the Nigerian equities market with the absence of positive triggers to turn the tide for the market. Particularly, sustained sell pressures in AIRTELAFRI (-10.0%) led the benchmark index lower. Thus, the All-Share Index declined by 2.1% w/w to close at 51,893.94 points. April 14, […]
Dangote Cement promises higher returns, value to shareholders, stakeholders
April 13, 2023/Dangote Group Chairman of Dangote Cement Plc, Aliko Dangote has guaranteed shareholders and other stakeholders of the company’s management’s resolve to keep the company profitable by leveraging on strategic innovations for the continuous growth of their investments. Speaking at the 14th Annual General Meeting (AGM), of the company […]
