Investors Bite

N200bn Bond Listing: Dangote Industries lauds NGX market depth

March 29, 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 N200bn series 1 and 2 Bonds on Nigerian Exchange Limited, commending the depth of capital market. This was said at the Closing Gong Ceremony […]

SEC Releases Statement on Recent Reports on Seplat

March 29, 2023/SEC Nigeria The Commission’s attention has been drawn to the recent reports in the media regarding Seplat Energy Plc (Seplat), a public company listed on the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE). In line with its core mandate of investor protection, the Commission has sought and obtained […]

Nigerian Equities Record Positive Trend +0.9% Buoyed by DANGCEM

March 29, 2023/Cordros Report EQUITIES The Nigerian equities market recorded its first positive performance this week as buying interest in DANGCEM (+5.1%) drove the All-Share Index 0.9% higher to 53,603.80 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at -4.0% and +4.6%, respectively.  The total volume traded increased by 16.4% […]