September 30, 2020/NSE The President of the National Council of The Nigerian Stock Exchange (NSE or The Exchange), Otunba Abimbola Ogunbanjo, along with the Divisional Head, NSE, Listings Business, Olumide Bolumole, embarked on a factory tour of Golden Guinea Breweries Plc (GGB) on Monday, 28 September 2020. The visit which […]

September 30, 2020/Fitch ratings Fitch Ratings has revised the Outlook on Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at ‘B’. Key Rating Drivers The revision of the Outlook reflects a decrease in the level of uncertainty surrounding the impact of the global […]

September 30, 2020/Cordros Report EQUITIES The local bourse remained positive after the day’s session, as interest in DANGCEM (+2.8%), MTNN (+1.2%) and GUARANTY (+3.7%) stocks notched a 0.8% increase in the All-Share Index to 26,831.76 points. Accordingly, the Month-to-Date gain increased to 5.9% while the Year-to-Date loss was marginal at […]