October 5, 2022/Cordros Report EQUITIES The local bourse extended yesterday’s loss in today’s session as selloffs in banking tickers — STANBIC (-3.3%), ZENITHBANK (-1.6%), and GTCO (-1.7%) persisted. Thus, the All-Share Index dipped by 0.1% to close at 48,836.70 points. Accordingly, the Month-to-Date and Year-to-Date returns printed -0.4% and +14.3%, […]

October 4, 2022/Coronation Research Summary Opening market liquidity was reported at N1.1trn on Friday (30 September ‘22). Overnight and repo rates closed within a range of 15% – 20.5%. The significant increase in money market rates can be attributed to market illiquidity, as the outflow from the NTB primary market […]

October 4, 2022/Mastercard Mastercard Crypto Secure™ to bring a new level of trust to crypto purchases across global network of 2,400 exchanges Mastercard has launched Crypto Secure, a first-of-its kind technology solution designed to bring additional security and trust to the digital ecosystem. Crypto Secure combines insights and technology from […]