September 5, 2022/Modion Communications Axxela Limited (“Axxela”), one of the leading energy solutions providers in Sub-Saharan Africa, has announced the upward revision by Global Credit Ratings (GCR) of Axxela’s national scale long-term issuer rating of A- from Stable to a Positive Outlook. The upward revision was also accorded to Axxela […]
Investors Bite
Nigerian Stocks Close Week Positive +0.7% on Bargain-Hunting Activities
Though the local bourse opened the week on a negative note, bargain-hunting activities regained steam in the latter part of the week as the All-Share Index rose above the 50,000 psychological mark, advancing by 0.7% w/w to 50,045.83 points. September 2, 2022/Cordros Report Global Economy According to the Chinese National […]
MIDDAY UPDATE: Nigerian Stocks Rise +0.19% Driven by Banking Counters
September 2, 2022/InvestmentOne Update ASI as at 12.00pm: +0.19% Market movers: NEM (+9.80%), ETRANZACT (+6.00%), RTBRISCOE (-8.57%) and CAVERTON (-7.89%). Sector Performances: Banking (+1.23%), Oil and Gas (-0.10%), Consumer Goods and Industrial. Market activity: In today’s trade, total volume and value increased by 49% and 44% respectively compared to this […]
