Author: InvestAdvocate

Intraday Update: NGXASI Gains +0.04%, Driven by Blue Chips

August 20, 2024/InvestmentOne Update ASI as at 12.00pm: +0.04% Top Gainers and Losers: OANDO (+9.90%), CUTIX (+9.85%), THOMASWY (-9.71%) and GUINEAINS (-5.00%). Sector Performances: Industrial (+0.02%), Banking (-0.33%), Oil & Gas (-0.11%) and Consumer Goods (-0.06%). Market activity: In today’s trade, total volume and value increased by 392% and 53% […]

Ahead of the US Dollar Domestic Bond Issuance

August 19, 2024/FBNQuest Research he federal government (FG) will auction its first series of the much-anticipated dollar-denominated domestic bond today, August 19, 2024. The issuance, the first of its kind, marks a significant milestone in the nation’s domestic debt market. The bond security, available to local and foreign investors and […]

Afreximbank Achieves Solid First Half 2024 Growth Reflecting Sound Execution of its Strategy Amid Macro-Economic Headwinds

Net Interest Income for H1’2024 grew by 24.5% to US$826.2 million, compared to US$663.6 million for the same period last year (H1’2023) August 19, 2024/Afreximbank African Export-Import Bank (“Afreximbank” or the “Group”) has released its consolidated financial statements for the six months ended 30 June 2024. The Group’s results for […]