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DMO Lists 6th Sovereign Sukuk of N350bn on NGX, FMDQ

March 1, 2024/DMO The Debt Management Office (DMO) will list its sixth (6th) Sovereign Sukuk of N350 Billion on the Nigerian Exchange Group (NGX) and the FMDQ Securities Exchange on March 8, 2024. It will be recalled that the OMO offered a N150 Billion 10-year Ijarah Sukuk on October 2023 […]

Mastercard Names Jon Huntsman Jr. as Vice Chairman, President, Strategic Growth

March 11, 2024/Mastercard Former U.S. Ambassador and Governor will drive new business opportunities and partnerships to support inclusive, sustainable, digital-driven economic growth Mastercard today announced Jon Huntsman will join as Vice Chairman and President, Strategic Growth, effective April 15. The former U.S. Ambassador and Governor will lead efforts focused on […]

Nigerian Equities Open Week Bullish +0.7%, Buoyed by Blue Chips

March 11, 2024/Cordros Report EQUITIES   Trading in the Nigerian equities market kicked off the week on a bullish note, underpinned by demand for ZENITHBANK (+6.5%) and DANGSUGAR (+10.0%). Subsequently, the All-share Index notched higher by 0.7% to close at 102,044.84 points. Accordingly, the Month-to-Date and Year-to-Date returns advanced to […]