Author: InvestAdvocate

Zenith Bank H1 2024: Strong Interest & Non-Interest Income Growth Amid High Impairment Charge

September 2, 2024/CSL Research Zenith Bank’s H1 2024 audited numbers showed a strong 176.7% y/y growth in Interest Income driven by growth in Interest Income on both Net Loans and Investment Securities. Net Loans to Customers grew 41.7% in the first half of the year. (Inclusive of the impact of […]

Nigeria’s Cost of Healthy Diet Increased +1.9% in July 2024-NBS

September 2, 2024/CSL Research Recently data from the National Bureau of Statistics (NBS) indicates that the national average cost of a healthy diet increased by 1.9% in July 2024, rising to N1,265 per adult per day from N1,241 in June. The Cost of Healthy Diet (CoHD) report, which tracks the […]

NGX and UNIMAID Forge Strategic Partnership to Enhance Capital Market Education

September 2, 2024/NGX Nigerian Exchange Limited (NGX) and the University of Maiduguri (UNIMAID) have signed a Memorandum of Understanding (MoU) to bridge the gap between academic research and industry practice. This strategic collaboration aims to foster innovation, enrich learning, and promote sustainable development within the capital market sector. The MoU […]