May 9, 2025/United Capital Research Anglophone West Africa (WAEMU) Nigeria Strong customer demand lifts Nigeria’s business activity as PMI holds at 54.2 Nigeria’s private sector sustained its growth momentum into the second quarter of 2025, as strong customer demand underpinned another solid expansion in business activity, according to the latest […]
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NGX-ASI Closed Bearish…Down by 45bps
May 9, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a negative note following share price depreciation in TRANSCOR (-4.55%) and TRANSCOH (-2.54%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.45% to close at 108,741.53 points. YTD returns settled at 5.65%, while market capitalization closed […]
Nigerian Stocks Advance by 2.5% Week-on-Week to 108,733.40 Points on Bellwether Gains
May 9, 2025/Cordros Report Global In line with market expectations, the Federal Open Market Committee (FOMC), at its May 2025 meeting, voted to maintain the target range for the federal funds rate at 4.25% – 4.50%, leaving the rate unchanged for the fourth consecutive time. The Committee noted that, excluding […]
