February 10, 2025/Cordros Report EQUITIES Trading in the Nigerian stock market kicked off the week on a negative note, driven by profit-taking activities in ZENITHBANK (-2.3%), UBA (-2.7%) and FIDELITYBK (-4.8%). Thus, the All-Share Index declined by 4bps to close at 105,891.33 points, with the Month-to-Date and Year-to-Date returns moderating […]
Author: InvestAdvocate
NGXASI Dips -0.04% to Open Week, Dragged by FIDELITYBANK, ZENITHBANK
February 10, 2025/InvestmentOne Report The NGXASI declined by 0.04% today to close at 105,933.03pts, as losses observed in FIDELITYBK (-4.81%), UBA (-2.68%) and ZENITHBANK (-2.31%) drove the local bourse into the negative zone. In the fixed income space, the Treasury Bills secondary market closed positive as yields had declined across all tenors […]
Energy Expert Urges President Tinubu to End Petrol Import Racket, Prioritise Local Refining
February 10, 2025/Dangote Group Energy expert Dan Kunle has warned that the continued importation of petrol and diesel by the Nigerian National Petroleum Corporation (NNPC) Limited and certain marketers, despite the Dangote Petroleum Refinery’s capacity to meet domestic demand, is a disservice to the country. Recent reports indicate that NNPC, […]
