• 01-2715009 info@cowryasset.com
  • Plot 1319 Karimu Kotun Street
    Victoria Island, Lagos, Nigeria
  • Open 09:00 am Close 05:00 pm

News & Offerings

News

| BREAKING NEWS!!! Dear valued investors, We are pleased to inform you that we have upgraded our customer portal with great features in order to serve you better you can fund your account instantly and begin real-time trading.  || The total credit to the economy rose to N19.33tn in August as a result of the Central Bank of Nigeria’s policy on the Loan to Deposit Ratio.
Central Bank Governor, Godwin Emefiele, disclosed this during the Monetary Policy Committee meeting in Abuja on Tuesday. He said, “The bank’s policy on Loan to Deposit ratio also resulted in a significant growth in credit to various sectors from N15.57tn to N19.33tn between end-May 2019 and end-August 2020, an increase of N3.77tn. “This growth in credit was mainly to manufacturing (N866.27bn), consumer credit (N527.65bn), oil and gas (N477.65bn), agriculture (N287.11bn) and construction (N270.97bn) || The oil and gas sector might not attract the needed foreign direct investments (FDIs) except the country reviews its regulatory framework, the Nigerian National Petroleum Corporation (NNPC) said yesterday.  Its Group Managing Director (GMD), Mele Kyari, told lawmakers, who visited him in his office in Abuja, that the absence of a stable fiscal environment was a limiting factor to the growth of the industry, especially the upstream sector. He said international investors were losing confidence in the industry, urging the legislators to arrest the situation || Nigeria seems to be plunging a new dimension of economic crisis as food inflation reached a new high in northern regions, hitherto considered the food basket of the country. The North consistently led the country’s year-on-year (YOY) food inflation rate from June to August. In August and July, Kogi recorded the highest food inflation (22 percent and 20.1 per cent respectively), while Sokoto, with 17.9 per cent, took the lead in June. On the average, food inflation of 11 northern states — as against six southern states — exceeded the composite figure in each of the three months. In August, 11 northern states, including the Federal Capital Territory (FCT)) and four Southern states, exceeded the national average, which was 16 percent || The labour movement is set to commence strike and nationwide protest across the country from September 28, following the failure of the Federal Government to reverse the increase in the electricity tariffs and pump price of petrol. The Nigeria Labour Congress and the Trade Union Congress said they would work together with their affiliate members to execute the industrial action for maximum effect. Rising from a meeting in Abuja on Tuesday, the National Executive Council of the NLC comprising the chairpersons of the 36 states and the Federal Capital Territory endorsed the decision earlier taken by the Central Working Committee of the Congress last Wednesday |

AVAILABLE TREASURY BILLS

Maturity Tenor (Days) Rate (%) pa Effective Yield %

Customer Care Contact:

  • Dayo {LAGOS} - +234-703-0440111
  • Nneka {LAGOS} - +234-816-2752619
  • Adaeze {LAGOS} - +234-802-3435190
  • Nathan {ABUJA} - +234-806-5612177
Click To Download TREASURY BILL.

AVAILABLE EURO BOND

Security Coupon (%) Maturity Yield %
ETINL 9.50 18-Apr-24 5.75
UBA 7.75 8-Jun-22 5.50

Customer Care Contac:t

  • Dayo {LAGOS} - +234-703-0440111
  • Nneka {LAGOS} - +234-816-2752619
  • Adaeze {LAGOS} - +234-802-3435190
  • Nathan {ABUJA} - +234-806-5612177

Market Summary

Market Summary (26-Sep-2020)

  • Securities Previous Current %
    NB 43.50 47.85 10.00
    MOBIL 193.10 195.10 1.04
    DANGCEM 134.70 135.90 0.89
    WAPCO 13.20 14.10 6.82
    GUARANTY 25.50 26.00 1.96
  • Securities Previous Current %
    ARDOVA 11.40 10.30 -9.65
    REDSTAREX 3.25 3.00 -7.69
    CAP 17.10 17.00 -0.58
    DAARCOMM 0.33 0.30 -9.09
    UNILEVER 14.40 13.60 -5.56
  • Top Trades No.
    GUARANTY 221
    ZENITHBANK 451
    STERLNBANK 58
    FLOURMILL 68
    FIDELITYBK 145

Stock Index

  • Trades 3,576.00
  • Values 3,873,648,586.84
  • Volumes359,307,226.00
  • Capitalisation 13,581,262,201,680.93
  • Index 25,987.14

Stock Index Graph

Reports & Media

Reports & media

Social Connect

Follow us on twitter

Like us on Facebook