September 27, 2024/InvestmentOne Report The NGXASI declined today by 0.07% to close at 98,458.68pts as the selloffs observed in FBNH (-4.58%), INTBREW (-6.96%) and FCMB (-1.16%) which drove the local equities market into the negative region. In the fixed income space, the Treasury Bills secondary market closed marginally upwards driven by the tepid […]
Author: InvestAdvocate
Nigerian Bourse Sustain Bullish Run, Reports -0.2% Weekly Loss Despite MPC Rate Hike
Despite the recent hike in the monetary policy rate (MPR), the domestic stock market maintained its upward momentum this week, as bullish sentiments dominated three of the five trading sessions. Specifically, the All-Share Index climbed by 0.2% w/w. September 27, 2024/Cordros Report Global According to the flash estimates from S&P […]
AfDB Pledges More Support for Angola’s Rapidly Reforming Economy
African Development Bank will support Angola’s request for a two-year budget support operation of about $160 million for 2024, with a second tranche scheduled for 2025 September 27, 2024/AfDB In recent talks between Angola’s President João Manuel Lourenço and African Development Bank Group, head Dr Akinwumi Adesina, the two leaders […]
