In Your Interest
December 11, 2024/Dangote Group …Dangote Refinery, Neptune Oil Announce their first export transaction of Refined Products to Cameroon In a landmark move for regional energy integration, Dangote Refinery and Neptune Oil jointly announced the first-ever export of Premium Motor Spirit (PMS) from Dangote Refinery, Africa’s largest oil refinery, to Cameroon. […]
December 11, 2024/Coronation Research Summary Last week, market liquidity closed positive, at N632.38bn. Call, overnight, and repo rates closed within a range of 7.3% – 28.2%, as rates narrowed. In the Treasury bill market, average yields increased by 11bps to 25.27% pa, as the market sold off. At the primary […]
December 11, 2024/Cordros Report EQUITIES The local bourse extended yesterday’s bullish performance as bargain hunting in ARADEL (+7.5%), CONOIL (+10.0%) and WAPCO (+1.5%) drove the benchmark index 0.3% higher. Thus, the All-Share index closed at 98,509.68 points, with the Month-to-Date and Year-to-Date returns increasing to +1.0% and +31.7%, respectively. The […]