February 18, 2025/InvestmentOne Report The NGXASI declined by 0.25% today to close at 107,670.98pts, due to the profit taking seen in FBNH (-2.77%), ZENITHBANK (-1.36%) and WAPCO (-1.34%) drove the local bourse into the red. In the fixed income space, the Treasury Bills secondary market exhibited a positive performance, driven by the […]
Author: InvestAdvocate
FBNH, ZENITHBANK Drags Nigerian Stocks to -0.3% Loss
February 18, 2025/Cordros Report EQUITIES The local bourse closed on a bearish note in today’s session, as profit-taking activities in FBNH (-2.8%) and ZENITHBANK (-1.4%) weighed down the All-Share Index by 0.3% to 107,670.98 points. Sequentially, the Month-to-Date and Year-to-Date returns printed +3.0% and +4.6%, respectively. The total volume traded […]
Aliko Dangote’s Wealth Surges by Almost 100% to $23.9Bn, now 86th Richest in the World
February 18, 2025/Dangote Group Billionaire Aliko Dangote has seen his wealth nearly double to $23.9 billion, according to Forbes, which ranks the Nigerian entrepreneur as the wealthiest person in Africa and 86th in the world. It would be recalled that Forbes ranked Aliko Dangote as the 144th richest person in the world […]
