October 11, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria Nigeria’s debt servicing payments rise by 69% to N6.04 trillion in H1 2024 Nigeria’s debt servicing payments have surged by 69.00% in the first half of 2024, reaching N6.04tn, up from N3.58tn recorded in the same period of 2023. According […]
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NGXASI Declines -0.01%, Dragged by Blue Chips
October 10, 2024/InvestmentOne Report The NGXASI declined today by 0.01% to close at 97,477.19pts as losses in NB (-3.83%), FIDELITYBK (-3.36%) and UBA (-1.67%) propelled the local bourse into the negative zone. In the fixed income space, the Treasury Bills secondary market closed negative largely due to selloffs on the short to […]
Nigerian Equities Trade with Mixed Sentiments as Indices Dip -0.01% on Losses in Banking Counters
October 10, 2024/Cordros Report EQUITIES The Nigerian equities traded with mixed sentiments as the sell pressures on UBA (-1.7%) and FIDELITYBK (-3.4%) offset investors’ interest in OANDO (+2.8%) and GTCO (+1.6%). Precisely, the All-Share Index settled 1bp lower to close at 97,477.19 points. As a result, the Month-to-Date and Year-to-Date […]
