October 7, 2024/United Capital Research Global Markets: Markets Closed Higher even as Investors Derisk. Last week Monday marked the end of Q3-2024, a quarter which in the US showcased strong asset performance driven by solid corporate earnings, AI momentum, and the start of the US Fed’s easing cycle. The week […]
Author: InvestAdvocate
Composite PMI Expands Again in September 2024
October 7, 2024/CSL Research The Central Bank of Nigeria (CBN) recently published its Purchasing Managers’ Index (PMI) survey for September 2024, covering three key sectors: Industry, Services, and Agriculture. The composite PMI for September stood at 50.5 points, marking the second consecutive month of economic expansion. This follows 13 months […]
MeCure Announces10% Equity Acquisition by Zrosk Investment
October 7, 2024/NGX MeCure Industries Plc announced the company’s successful acquisition of a 10% equity stake by Zrosk Investment Management Ltd. The transaction, which was conducted off-market, has been finalised following approval from the Nigerian Exchange Group (NGX). This move aims to strengthen MeCure Industries Plc’s capital base and accelerate […]
