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Nigerian Stocks Sustain Bullish Run Eight Straight Session +0.8% on ARADEL Gains

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 […]

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 […]

Holiday Bonanza: Dangote Reduces PMS Price to N899.50k

…Introduces special purchase offer for consumers   December 19, 2024/Dangote Group Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to below N900 per litre, to provide much-needed relief for Nigerians ahead of the holiday season. Africa’s first privately-owned oil refinery, which previously lowered the […]