August 8, 2025/InvestmentOne Report The NGXASI declined by 0.56% today to close at 145,756.09pts, as profit taking in MTNN (-4.17%), BUACEMENT (-3.66%) and CUSTODIAN (-8.48%) drove the local bourse into the red zone, ending its twenty-six (26)day winning streak. In the fixed income space, the Treasury Bills secondary market traded on […]
Author: InvestAdvocate
Nigerian Equities Extend Bullish Run +3.2% 11th Straight Week
——-Buoyed by Insurance Industry Reform, Blue Chips Gains The domestic equities market extended its bullish momentum for the eleventh consecutive week, underpinned by sustained bargain hunting and a strong positive reaction to the enactment of the Insurance Industry Reform Act. Notably, gains in BUAFOODS (+18.9%), DANGCEM (+9.2%), BUACEMENT (+13.9%), AIICO […]
Dangote Refinery Debunks Shutdown Rumour, Says PMS’s Gantry Price Remains N850
August 8, 2025/Dangote Group The Dangote Petroleum Refinery has firmly dismissed recent reports alleging a shutdown of its operations, reassuring the public and market stakeholders that its activities remain fully active and stable. In an official statement by the Group Chief Branding and Communications Officer, Anthony Chiejina, the refinery’s management […]
