Investors Bite

BUACEMENT, GTCO, TRANSCORP Drags Nigerian Stocks to Fourth Straight Session Loss -0.9%

The domestic stock market extended its bearish run for the fourth consecutive week, as losses in BUACEMENT (-10.0%), TRANSCORP (-7.8%) and GTCO (-4.6%) drove the All-Share Index (ASI) lower by 0.9% w/w to 104,962.96 points. March 21, 2025/Cordros Report Global The Federal Open Market Committee (FOMC), in line with market […]

UBA, FIDELITYBANK, OANDO Buoy NGXASI to Advance +0.10%

March 21, 2024/InvestAdvocate The NGXASI advanced by 0.10% today to close at 104,962.96pts, as the gains recorded in UBA (+5.75%), OANDO (+5.59%) and FIDELITYBK (+5.29%) drove the Nigerian equities market into the green. In the fixed income space, the Treasury Bills secondary market traded on negative note given the rise in yields […]

United Capital Weekly Pan African Monitor Friday 21-March-2025

March 21, 2025/United Capital Update Anglophone West Africa Nigeria  Nigeria’s inflation rate falls to 23.18% in February 2025 Nigeria’s inflation rate dropped for the second consecutive month to 23.18% in Feb-2025 from 24.48% recorded in January. Despite this overall decline in inflation, three states – Edo, Enugu, and Sokoto – […]