Investors Bite

Seplat Announces Ministerial Consent on Cash Acquisition of Mobil

August 8, 2022/Seplat Energy Plc Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, is pleased to announce that it has received a letter from the Honourable Minister of State for Petroleum Resources (“HMSPR”) notifying Seplat Energy that His Excellency, President […]

MTNN Drags Nigerian Equities to Open Week Red -0.5% on Profit-Taking

August 8, 2022/Cordros Report EQUITIES Activities in the domestic equities market resumed the week on a sour note, as investors took profits off MTNN (-4.9%). Thus, the All-Share Index settled lower by 0.5% at 50,489.73 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at +0.2% and +18.2%, respectively. The total […]

NGX Lifts Suspension on Trading the Shares of Coronation Insurance

August 8, 2022/NGX We refer to the Market Bulletin dated 1 July 2022 with Reference Number: NGXREG/LRD/MB37/22/07/01 wherein the NGX notified of the suspension in the trading on the securities of nine (9) listed companies for non-compliance with the provisions of Rule 3.1: Rules for Filing of Accounts and Treatment […]