Author: InvestAdvocate

NGX-ASI Closed Bullish…Up by 34bps

April 28, 2025/United Capital Research Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in GTCO (6.35%) and TRANSCOR (6.28%). As a result, the benchmark All-Share Index (NGX-ASI) climbed by 0.34% to close at 106,116.18 points. YTD returns settled at 3.10%, while market capitalization closed […]

NGXASI Advance +0.35%, Driven by GTCO, TRANSCORP, WAPCO

April 28, 2025/InvestmentOne Report The NGXASI advanced by 0.35% today to close at 106,124.14pts, as the optimistic sentiment observed in GTCO (+6.35%), TRANSCORP (+6.28%) and WAPCO (+2.10%) drove the domestic equities market into the positive region. In the fixed income space, the Treasury Bills secondary market started the week positive driven by […]

Afreximbank Launches $3 Billion Revolving Intra-African Oil Import Financing Programme

This programme seeks to leverage the growing refining capacity that Afreximbank has helped establish across the continent, while aligning with the objectives of the African Continental Free Trade Area (AfCFTA) agreement April 28, 2025/Afreximbank To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of […]