The Group posted strong Net Income of US$215 million, a 21% increase year-on-year from US$178 million in the prior period May 21, 2025/Afreximbank African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries for the three months ended 31 March 2025. […]
Author: InvestAdvocate
NGXASI Dips -0.10% on Losses in Banking, Oil & Gas Counters
May 21, 2025/InvestmentOne Report The NGXASI declined by 0.10% today to close at 109,619.10pts, driven by selloffs in OANDO (-4.76%), ACCESSCORP (-4.17%) and UBA (-1.74%) which drove the local equities market into the red terrain. In the fixed income space, the Treasury Bills secondary market traded on a quiet note as […]
ACCESS, OANDO Drags Nigerian Stocks to -0.1% Loss
May 21, 2025/Cordros Report EQUITIES The domestic stock market traded on a bearish note as selloffs in ACCESSCORP (-4.2%) and OANDO (-4.8%) drove a 0.1% decline in the benchmark index to 109,619.10 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at +3.6% and +6.5%, respectively. The total volume of trades […]
