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Nigerian Stocks Open Week Positive +0.1% Driven by WAPCO, ZENITHBANK

February 13, 2023/Cordros Report EQUITIES Activities in the Nigerian equities market started the week slightly positive, as bargain buying in ZENITHBANK (+1.8%) and WAPCO (+2.4%) drove the benchmark Index higher. Precisely, the ASI advanced by 0.1% to 54,364.67 points, with the Month-to-Date and Year-to-Date returns settling at +2.1% and +6.1%, […]

NGX Ends Second Straight Week Positive +0.2% Buoyed by MTNN, DANGCEM

The domestic bourse ended the week positively, representing two consecutive weeks of gains, as the All-Share Index advanced by 0.2% w/w, to settle at 54,327.30 points. We attribute the gain to investors’ sustained interest in MTNN (+1.7%) and DANGCEM (+1.2%). February 10, 2023/Cordros Report Global Economy According to the National […]

FGN Savings Bond February 2023

February 10, 2023/InvestmentOne Update The offer for the Sixty-eight (68th) series of the FGN savings bond will be coming up between the 6th of February 2023  and 10th of February 2023 and Investment One Stockbrokers Int’l Ltd as a Distribution Agent (DA) for the bond, will be receiving applications from the investing public starting from the 6th […]