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Sycamore Secures License from Nigeria’s SEC, Appoints Capital Markets Veteran to Lead Asset Management Arm

Oluwagbenga Magbagbeola joins Sycamore with 17 years of capital markets experience, spanning roles at ARM Securities, FBNQuest Securities, and Profund Securities March 17, 2025/ Sycamore Investment and Asset Management Ltd Sycamore, a Nigerian fintech with over N10 billion in assets under management, today announced two strategic developments that position it […]

NGXASI Dips -0.21%, Dragged by DANGSUGAR, GEREGU, UNILEVER

March 14, 2025/InvestmentOne Report The NGXASI depreciated by 0.21% today to close at 105,995.32pts, as selloffs observed in DANGSUGAR (-7.76%), UNILEVER (-5.75%) and GEREGU (-0.74%) drove the domestic bourse into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a bullish note, mostly driven by the […]

Nigerian Stocks End Week Bearish -0.5% on Losses in Blue Chips

The Nigerian equities market closed the week lower for the third consecutive week, as selloffs in MTNN (-4.2%), OANDO (-7.1%) and UBA (-3.6%) dragged the All-Share Index (ASI) lower by 0.5% w/w to 105,955.13 points. March 14, 2025/Cordros Report Global According to the Bureau of Labor Statistics (BLS), headline inflation […]