Author: InvestAdvocate

Nigerian Equities Reverse Gains 0.2%, Dragged by Banking Counters

January 7, 2025/Cordros Report EQUITIES The Nigerian Equities market reversed yesterday’s gains as sell pressures in ZENITHBANK (-3.6%), UBA (-2.4%) and ACCESSCORP (-1.0%) triggered a 0.2% decline in the All-Share Index to 103,398.82 points. Thus, the Year-to-Date return settled at +0.5%. The total volume traded increased by 29.9% to 1.11 billion units, […]

The ICT Sector Growth Still Suppressed

January 7, 2025/CSL Research According to data from the National Bureau of Statistics (NBS), the growth rate of the Information and Communications Technology (ICT) sector slowed to 5.92% y/y in Q3 2024, compared to 6.69% in Q2 2024. On a q/q basis, however, the sector saw a slight improvement, rising […]

UBA Emerges Top 5 in Customer Experience Survey for Banks, Excels in SME, Retail Banking, Other Segments-KPMG

January 7, 2025/UBA Africa’s Global Bank, United Bank for Africa (UBA) Plc, has cemented its position as a leading customer-centric institution, emerging among the Top 5 banks, in various survey’s segmentation, in the recently released KPMG 2024 West Africa Banking Industry Customer Experience Survey. The survey showed that the bank […]