February 13, 2025/InvestmentOne Report The NGXASI boosted by 1.25% today to close at 109,171.82pts, as gains witnessed in DANGCEM (+10.00%), ETI (+8.12%) and GTCO (+0.79%) drove the local bourse into the positive zone. In the fixed income space, the Treasury Bills secondary market closed positive as yields had declined across all tenors […]
Author: InvestAdvocate
Nigeria Gross Official Reserves Declined M-o-M to US$39.7bn in January 2025
February 13, 2025/FBNQuest Research Culled: Proshare Data from the Central Bank of Nigeria (CBN) shows that Nigeria’s gross official reserves decreased by almost -US$1.2bn month-on-month (MoM) to US$39.7bn as of end-January 2025. The decrease in January is significant, as it marks the sharpest attrition in the reserves position since April […]
FBNHoldings Rebrands as First HoldCo Plc
February 12, 2025/NGX FBN Holdings Plc announces a change of its name to First HoldCo Plc (FirstHoldCo). This naming convention will also be adopted across all its subsidiaries. This strategic transformation and rebranding marks a significant milestone in the Company’s journey to redefine its identity, unify its subsidiaries, reinforce its […]
