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Nigerian Equities Open Week Bearish -0.2% on Losses in FIDELITBANK, GTCO, OANDO

March 17, 2025/Cordros Report EQUITIES The Nigerian equities market commenced the week on a negative note as sell pressures on OANDO (-2.0%), GTCO (-0.6%) and FIDELITYBK (-2.0%) drove the All-Share Index lower by 0.2% to 105,799.17 points. Sequentially, the Month-to-Date and Year-to-Date returns moderated to -1.9% and +2.8%, respectively. The […]

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 […]