September 18, 2024/InvestmentOneReport The NGXASI advanced today by 0.56% to close at 98,230.92pts as investors buy interest in GEREGU (+9.52%), FBNH (+6.27%) and OANDO (+6.05%) drove the local equities market into the green zone. In the fixed income space, the Treasury Bills secondary market closed downwards driven by selloffs observed within the […]

September 18, 2024/Cordros Report EQUITIES The domestic bourse extended its bullish momentum in today’s session as gains in GEREGU (+9.5%), FBNH (+6.3%), and OANDO (+6.1%) lifted the All-Share Index higher by 0.6% to 98,230.92 points. Thus, the Month-to-Date and Year-to-Date returns settled higher at +1.7% and +31.4%, respectively. The total […]

September 17, 2024 By Chukwuma Kelechi InvestAdvocate Lagos (INVESTADVOCATE)-Hans Essaadi, the Managing Director and Chief Executive Officer of Nigerian Breweries Plc, has attributed the company’s staggering N328 billion debt to the foreign exchange fluctuations resulting from the instability of Nigeria’s business environment.  He emphasized the challenges this volatility has posed […]