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NSE Sustains Bullish Run, Benchmark Index Gain 0.18%

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday sustained its bullish momentum as the all=share index (ASI) gained 0.18 percent to close at 27,437.25 points. “Today’s proceedings trimmed the Month-to-Date and Year-to-Date losses to 2.04 percent and 4.21 percent respectively,” Cordros daily market update affirmed. At the close […]

Transnational Corporation of Nigeria – FX Losses Undercut Strong H1’16 Revenue

Culled—–Proshare August 17, 2016/CardinalStone Research Transnational Corporation of Nigeria Plc held a conference call on its H1’16 performance recently. Please see below the group’s H1’16 performance update and key highlights from the call. Transcorp Hotel remained resilient through economic headwinds The hotel subsidiary demonstrated impressive resilience and strength in what has […]

Cordros Money Market Fund FAQs

August 17, 2016/Cordros Q   What is the Cordros Money Market Fund? The Cordros Money Market Fund (“the Fund) is an open-ended mutual fund that seeks to provide safety, liquidity, diversification and competitive return. The Fund will invest in high quality short term money market securities, unsubordinated short term debt securities […]