Author: InvestAdvocate

United Capital Weekly Pan African Monitor Friday 18-October-2024

October 18, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria Foreign capital from BRICS countries into Nigeria rises by 189.00% in six months Nigeria’s foreign capital inflows from BRICS nations have surged by 189.00% in the first half of 2024, amid the country’s ongoing efforts to secure a spot within […]

Rising Retail PMS Prices

October 18, 2024/CSL Research According to a recent report from the Nigerian Bureau of Statistics (NBS), the average retail price of Premium Motor Spirit (PMS), commonly known as petrol, surpassed the ₦1,000/litre mark for the first time in September 2024, reflecting a 24.08% increase from ₦830.46/litre recorded in August. The […]

NGXASI Dips -0.21% on Selloffs in GTCO, Oando, UACN

October 17, 2024/InvestmentOne Report The NGXASI declined today by 0.21% to close at 98,081.38pts as the selloffs in the share prices of GTCO (-3.85%), OANDO (-5.82%) and UACN (-6.70%) drove the local bourse into the negative territory. In the fixed income space, the Treasury Bills secondary market closed slightly upwards as the […]