Author: InvestAdvocate

NGXASI Declines -0.28% amid Selloffs in OANDO, SEPLAT, WAPCO

November 29, 2024/InvestmentOne Report The NGXASI declined by 0.28% today to close at 97,506.87pts, amid selloffs recorded in SEPLAT (-6.02%), WAPCO (-1.69%) and OANDO (-0.61%) which drove the domestic bourse into the red. In the fixed income space, the Treasury Bills secondary market traded on a negative note, driven by sell pressure […]

Nigerian Bourse Closes Week Lower -0.3% on Negative MPC Rate Hike

The domestic bourse closed the week lower as the market reacted negatively to the MPC’s interest rate hike. Consequently, the All-Share Index (ASI) declined by 0.3% w/w to 97,507.87 points. November 29, 2024/Cordros Report Global According to the Bureau of Labor Statistics (BLS), the United States Personal Consumption Expenditures (PCE) […]

UBA Start Full Banking Operations in France

November 29, 2024/UBA Plc As part of President Bola Ahmed Tinubu’s state visit to France, the Chairman of UBA Group, Tony Elumelu in the presence of President Tinubu and the President of France, Emmanuel Macron, signed a landmark business cooperation agreement with the French Finance Minister, Antoine Armand. The agreement […]