Updates

MIDDAY UPDATE: Nigerian Stocks Up +0.05% on Gains Across Sectors

August 26, 2021/InvestmentOne Update ASI as at 12.00pm: +0.05%. Market movers: ETERNA (+9.97%), SOVRENINS (+9.09%), IKEJAHOTEL (-10.00%) and ABCTRANS (-8.33%)   Sector Performances: Oil and Gas (+0.28%), Consumer Goods (+0.11%),  Banking +0.07%) and Industrial. Market activity: In today’s early trade, total volume and value increased by 67% and 83% compared to […]

Positive Growth Trajectory Sustained as GDP Grew by 5.01% y/y in Q2-21

August 26, 2021/Cordros Update The National Bureau of Statistics (NBS) recently released Nigeria’s GDP numbers for Q2-21, with real GDP growing by 5.01% y/y (Q1-21: +0.51% y/y), marking the third consecutive quarter of growth after the COVID-19 induced decline in Q2-20 and Q3-20. The growth outturn outperformed Cordros’ estimate (+3.37% […]

Seplat Orjiako Wins Global Awards for Outstanding Indigenous Performance

August 24, 2021/Seplat Seplat Energy Plc and its Board Chairman, Dr. ABC Orjiako have emerged winners at the Energy & Corporate Africa Leadership Award Night/Dinner held last week at the Hilton Post Oak, Houston, Texas, Unite States for outstanding indigenous performance. The award was the climax of the Annual Sub-Saharan […]