In Your Interest
August 7, 2024/Coronation Research Summary Opening market liquidity was reported at N655.5bn on Friday (02, Aug ‘24). Call, overnight, and repo rates closed within the range of 8% – 26%, as rates in the money market moderated. Last week, the average NTB yield increased by +25bps to close at 25.5% […]
August 7, 2024/United Capital Report First Bank Nigeria Holdings (FBNH) Plc released its H1-2024 results, showing that Gross Earnings (GE) grew 2.2x to settle at N1.4tn compared to the N641.0bn in the corresponding period of 2023. The top-line growth was driven by increases in its Interest Income and non-Interest Income, which […]
August 7, 2024/InvestmentOne Report The NGXASI advanced by 0.20% today to close at 97,119.03pts, as the gains printed in OANDO (+9.98%), FBNH (+4.60%) and GTCO (+1.47%) drove the domestic equities market into the green zone. In the fixed income space, the Treasury Bills secondary market exhibited a bearish performance today on the […]