January 9, 2025/Cordros Report EQUITIES The Nigerian stock market closed higher in today’s session as sustained interest in MTNN (+10.0%) caused a 1.3% increase in the benchmark index to 105,530.74 points, with the Year-to-Date returns settling at +2.5%. The total trading volume decreased by 36.3% to 481.69 million units, valued […]
Author: InvestAdvocate
NBS GDP & Inflation Rebasing 2025
January 9, 2025/Cordros Report The Nigerian Economic Summit Group (NESG), in collaboration with the Nigerian Bureau of Statistics (NBS), held a sensitisation workshop on GDP and CPI Rebasing earlier today (9 January). The NBS proposed; GDP Changing the base year for Real GDP computation to 2019 from 2010 Coverage of more areas […]
NGXASI Gains +1.25% as Bullish Sentiment Drives Market
January 9, 2025/InvestmentOne Report The NGXASI advanced by 1.25% today to close at 105,530.74pts as bullish sentiment observed in MTNN (+10.00%), TRANSCOHOT (+9.78%) and ZENITHBANK (+4.49%) drove the local bourse into the positive region. In the fixed income space, the Treasury Bills secondary market traded on a negative note, driven by the selloffs […]
