November 6, 2024/Cordros Report EQUITIES The local bourse reversed yesterday’s gains as losses in AIRTELAFRI (-2.0%), UBA (-10.0%) and OANDO (-10.0%) caused a 0.3% decline in the benchmark index to 96,834.77 points. As a result, the Month-to-Date and Year-to-Date returns settled at -0.8% and +29.5%, respectively. The total volume traded decreased […]
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Coronation Fixed Income and Exchange Rate Update
November 6, 2024/Coronation Research Summary Market liquidity closed at N398.3bn on Friday (1 Nov ‘24). Call, overnight, and repo rates closed within the range of 5.80% – 19.68% as rates in the market narrowed Last week, average yields on Nigeria Treasury Bills increased by 4 basis points to 24.22% pa. […]
Dangote, a Pillar of Strength for Nigeria’s Industrial Growth-LCCI
…” We are committed to Diversification of Nigeria’s Economy” November 6, 2024/Dangote Group Dangote Industries Limited (DIL) has restated its commitment to driving the diversification of Nigeria’s economy for growth and job prospects through strategic investments. This is just as the Lagos Chamber of Commerce and Industries (LCCI) described the […]
