Investors Bite

NGX-ASI Close Bearish…Down by 166bps

January 14, 2025/United Capital Research Today, the Nigerian Exchange (NGX) closed on a negative note following share price depreciation in DANGCEM (-9.98%) and MTNN (-3.72%). As a result, the benchmark All-Share Index (NGX-ASI) declined by 1.66% to close at 103,622.09.25 points. YTD returns settled at 0.68%, while market capitalization closed […]

NGXASI Declines 1.66%, Dragged by DANGCEM, JBERGER, MTNN

January 14, 2025/InvestmentOne Report The NGXASI declined by 1.66% today to close at 103,622.09pts as the bearish sentiment seen in DANGCEM (-9.98%), JBERGER (-9.98%) and MTNN (-3.72%) drove the local equities market into the negative region. In the fixed income space, the Treasury Bills secondary market traded on a negative note, driven by […]

LemFi Secures $53M in Series B Funding Led by Highland Europe

The new round brings LemFi’s total capital raised to $85 million to date January 14, 2025/LemFi LemFi is transforming how immigrant communities access financial services, starting with international remittance and payments to ease financial hurdles The platform enables diaspora communities in Europe and North America to move money reliably and […]