Author: InvestAdvocate

ZENITHBANK, TRANSCORP, JBERGER Pull NGXASI -0.24% into Red Zone

September 9, 2024/InvestmentOne Report The NGXASI declined today by 0.24% to close at 96,206.18pts as losses in JBERGER (-10.00%), TRANSCORP (-3.08%) and ZENITHBANK (-1.33%) drove the domestic bourse into the negative terrain. In the fixed income space, the Treasury Bills secondary market traded on a negative note driven by selloffs at the […]

Nigerian Stocks Open Week Bearish -0.2%, Dragged by JBERGER

September 9, 2024/Cordros Report EQUITIES The domestic equities market ended the day lower as investors took profits off JBERGER, resulting in a 0.2% decline in the All-share index to 96,206.18 points. Accordingly, the Month-to-Date and Year-to-Date returns printed -0.4% and +28.7%, respectively. The total volume of trades increased by 94.5% to […]

Unity Bank Projects N27B In Q4 Earnings, Targets N4B Profit

September 9, 2024/Unity Bank Plc Unity Bank Plc has projected gross earnings of N27 billion and a Profit After Tax of N4 billion in Q4, 2024, in its latest earnings forecast released to the Nigerian Exchange Group.  Although the projected gross earnings represent a marginal increase from the N26 billion […]