Author: InvestAdvocate

Sustainability: Dangote Cement Commits to Carbon Emission Reduction for Business Optimisation

…Feeds vulnerable Communities, empowers Children, Widows   October 15, 2024/Dangote Group As part of activities marking the 2024 Global Sustainability Week, leading Cement manufacturer, Dangote Cement Plc has reached out to vulnerable and deprived communities across its business operations with food items and unveiled skills acquisition and educational empowerment initiatives. […]

Nigeria September 2024 CPI Headline Inflation to Maintain Uptrend in the Near Term

October 15, 2024/Cordros Report According to the recently released data by the National Bureau of Statistics (NBS), headline inflation rose by 55bps to 32.70% y/y in September (August: 32.15% y/y) after two consecutive months of moderation. The increase was primarily driven by higher food prices (+25bps to 37.77% y/y) underpinned […]

NGXASI Gains +0.33% on Blue Chips Interest

October 15, 2024/InvestmentOne Report The NGXASI advanced today by 0.33% to close at 98,540.93pts as the positive sentiment seen in stocks such OANDO (+7.93%), GTCO (+3.21%) and FIDELITYBK (+2.40%) drove the local bourse into the positive zone. In the fixed income space, the Treasury Bills secondary market closed downwards due to the […]