September 2, 2024/InvestmentOne Report Zenith bank released its audited financial report for the first half of the year, which showed a tremendous improvement in financial performance in the review period. In line with recent trend, interest income posted a significant increase of 176.68% YoY to settle at NGN1.15trn. This underscores […]
Author: InvestAdvocate
UBA, ZENITHBANK, OANDO Drives Nigerian Stocks to +0.22% Gain
September 2, 2024/InvestmentOne Report The NGXASI advanced today by 0.22% to close at 96,793.95pts as gains recorded in OANDO (+9.95%), UBA (+6.54%) and ZENITHBANK (+1.96%) propelled the market into the positive terrain. In the fixed income space, the Treasury Bills secondary market traded on a positive note as buying interest was observed […]
Nigerian Equities Sustain Bullish Run, NGXASI Gains +0.2%, Driven by OANDO
September 2, 2024/Cordros Report EQUITIES The Nigerian equities market commenced the week and month positively as demand for OANDO (+10.0%) drove the All-Share Index higher by 0.2% to 96,793.95 points. As a result, the Year-to-Date return increased to +29.5%. The total volume of trades declined by 13.2% to 498.12 million units, valued […]
