June 16, 2025/InvestmentOne Report The NGXASI declined by 0.15% today to close at 115,258.77pts, as the selloff in banking stocks including ACCESSCORP (-8.28%), ZENITHBANK (-6.37%) and UBA (-5.67%) drove the local bourse into the red terrain. In the fixed income space, the Treasury Bills secondary market traded on a positive note, […]
Author: InvestAdvocate
Nigerian Stocks Commence Week Bearish -0.2%, Dragged by Banking Counters
June 16, 2025/Cordros Report EQUITIES The domestic equities market commenced the week on a bearish note, as the CBN’s recent forbearance directive triggered broad-based selloffs across the banking sector. Consequently, losses in ZENITHBANK (-6.4%), UBA (-5.7%), and ACCESSCORP (-8.3%) dragged the All-Share Index down by 0.2% to 115,258.77 points. Accordingly, […]
Tanzania: Budget 2025–2026 Overview
June 13, 2025 By Bowmans Tanzania The Minister for Finance and Planning Hon. Mwigulu Lameck Nchemba delivered the National Budget Speech on 12 June 2025 with the theme ‘Inclusive Economic Transformation through Domestic Resource Mobilization and Resilient Strategic Investment for Job Creation and Improved Livelihoods’. The Budget was prepared based on […]
