Investors Bite

Nigerian Stocks Extend Bullish Streak +1.5% Buoyed by MTNN

March 30, 2023/Cordros Report EQUITIES The Nigerian equities market extended yesterday’s bullish performance inspired by bargain-hunting in MTNN (+8.9%). As a result, the All-Share Index advanced by 1.5% to close at 54,413.21 points. Consequently, the Month-to-Date and Year-to-Date returns printed -2.5%, and +6.2%, respectively. The total volume traded increased by […]

Dangote Lists N300 Billion Series 1 and 2 Largest Bonds on NGX, FMDQ

March 30, 2023/Dangote Group Dangote Industries Limited (DIL) has formally listed its N300 billion Series 1 and 2 bonds issued under the Dangote Industries Funding Plc during a grand listing ceremony at both the FMDQ and the Nigeria Exchange Limited (NGX) in Lagos.  Olakunle Alake, Group Managing Director of Dangote […]

N300bn Bond Listing: Dangote Industries Lauds NGX Market Depth

March 30, 2023/NGX The Group Chief Executive Officer, Dangote Industries Limited, Mr Olakunle Alake has expressed delight upon the completion of the listing of the firm’s N300bn series 1 and 2 Bonds on Nigerian Exchange Limited, commending the depth of capital market. This was said at the Closing Gong Ceremony […]