September 25, 2024/CSL Research Contrary to general consensus and our forecast, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50bps to 27.25% from 26.75% at the close of its 297th Monetary Policy Committee (MPC) meeting on 24 September 2024. […]
Author: InvestAdvocate
UBA Host Okonjo-Iweala, Dangote, Other Business Leaders at UNGA 2024 Sideline
September 24, 2024 By InvestAdvocate New York (INVESTADVOCATE)-Africa’s Global lender, United Bank for Africa (UBA) Plc on Tuesday hosted Ngozi Okonjo- Iweala, Director General (DG) World Trade Organisation (WTO), Aliko Dangote, Africa’s Richest Person and Founder, Dangote Group and other Business Leaders at the Bank’s celebration of collaboration, culture and […]
UBA, FBNH, FIDELITY, Drive NGXASI to +0.18% Gain
September 24, 2024/InvestmentOne Report The NGXASI advanced today by 0.18% to close at 98,568.59pts as investors increased their stakes in FBNH (+9.93%), FIDELITYBK(+9.70%) and UBA (+25.40%) which drove the Nigerian bourse into the positive territory. In the fixed income space, the Treasury Bills secondary market closed slightly positive driven by the tepid rise […]
