January 22, 2025/Cordros Report EQUITIES The local bourse traded with bearish sentiments in today’s session as profit-taking activities in MTNN (-3.6%) caused a 0.3% decline in the benchmark index to 102,836.35 points. Consequently, the Year-to-Date returns settled at -0.1%. The total trading volume decreased by 10.3% to 394.82 million units, […]
Author: InvestAdvocate
CBN Maintains High Interest Rates to Discourage Speculation, Analyst Says
January 22, 2025 By InvestAdvocate Lagos (INVESTADVOCATE) In a strategic move to stabilize the economy and deter currency speculation, the Central Bank of Nigeria (CBN) has upheld elevated interest rates, presenting significant opportunities for local investors. Economic analysts argue that the policy, while costly to sustain, offers attractive yields on […]
CSL Equities Outlook 2025
January 22, 2025/CSL Research Yesterday, we published our equities and fixed income outlook for 2025. We maintain a positive outlook for the year, driven by expectations of minimal Naira devaluation, improved macroeconomic conditions and gradual reduction in fixed-income rates. Furthermore, limited alternative investment options are likely to support continued market […]
