December 19, 2024/Cordros Report EQUITIES The Nigerian equities market sustained its bullish run for the eighth consecutive session, driven by bargain hunting in ARADEL (+10.0%) following the announcement of the Minister of Petroleum Resources’ approval for the sale of the Shell Petroleum Development Company to Renaissance Africa Energy Limited, as […]
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Intraday Update: Nigerian Equities Inch Up +0.45% on Blue Chips Gains
December 19, 2024/InvestmentOne Update ASI as at 12.00pm: +0.45% Top Gainers and Losers: HONYFLOUR (+10.00%), ARADEL (+10.00%), JOHNHOLT (-9.68%) and GUINEAINS (-3.03%). Sector Performances: Oil & Gas (+0.36%), Banking (+0.21%), Consumer Goods (+0.07%) and Industrial (-0.64%). Market activity: In today’s trade, total volume and value declined by 3%, when compared […]
Dangote Refinery Issues Update on NNPCL Misinformation
December 18, 2024/Dangote Group We have received numerous inquiries from the media and other concerned stakeholders seeking clarification on a recent report attributed to the Nigerian National Petroleum Company Limited (NNPCL) that their decision to secure a $1 billion loan backed by its crude was instrumental in supporting the Dangote […]
