Investors Bite

Nigerian Stocks Sustain Bullish Run Records +0.3% Weekly Gain, Driven by Transcorp Presco

The domestic equities market maintained its positive trajectory this week, as investors assessed a raft of Q1-25 earnings releases. Notably, gains in TRANSCORP (+5.8%) and PRESCO (+9.6%), following the release of their Q1-25 numbers, drove the All-Share Index higher by 0.3% w/w. May 2, 2025/Cordros Report Global Market Global equities […]

NGXASI Gains -0.23%, Buoyed by Blue Chips

May 2, 2025/InvestmentOne Report The NGXASI advanced by 0.23% today to close at 106,042.57pts, as the positive sentiment in MTNN (+2.00%), PRESCO (+9.55%) and NB (+6.98%) drove the domestic equities market upwards. In the fixed income space, the Treasury Bills secondary market closed negative as there were selloffs observed along the short […]

Investors Pivot to Safer Havens Amid Market Volatility, Says Schwab President

May 1, 2025 By InvestAdvocate Lagos (INVESTADVOCATE)-Amid an atmosphere of economic uncertainty and geopolitical tension, investors are recalibrating their portfolios to mitigate risk and seek stability, according to Charles Schwab President and CEO Rick Wurster. Speaking during a Reuters NEXT Newsmaker interview monitored by InvestAdvocate on Thursday, Wurster observed a […]