April 12, 2022/OilPrice.com Chart of the Week Diesel Cracks Have Never Been This Good – Confirming the unprecedented tightness in middle distillates across the globe, low-sulphur diesel continues to trade at a widely steep premium vs Dated Brent, currently at around $38 per barrel. – Whilst […]
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Bears Sustain Hold on Nigerian Bourse as MTNN Pulls Down Market -0.5%
April 7, 2022/Cordros Report EQUITIES The domestic bourse closed lower following the markdown in MTNN. Thus, the NGX ASI dipped by 0.5% to close at 46,543.51 points. Accordingly, the Month-to-Date loss increased to -0.9%, while the Year-to-Date return moderated to +9.0%. The total volume of trades declined by 6.7% to […]
Axxela Welcomes Sojitz Corporation as a New Investor
April 5, 2022/Axxela Helios Investment Partners (“Helios”), the Africa-focused private investment firm, acting on behalf of funds it advises, and Sojitz Corporation (“Sojitz”), one of the leading conglomerate investment and trading houses listed on the Tokyo Stock Exchange, announce the completion of the sale by Helios of a 25% interest […]
