Investors Bite

NGXASI Gains +0.26%, Buoyed by Blue Chips

November 20, 2024/InvestmentOne Report The NGXASI advanced today by 0.26% to close at 98,227.50pts, as the upward movement observed in WAPCO (+9.98%), ZENITHBANK (+2.05%) and DANGSUGAR (+7.33%) drove the local bourse into the positive territory. In the fixed income space, the Treasury Bills secondary market was positive today as yields had declined […]

Nigerian Bourse Sustains Bullish Run, Gains +0.3% on Interest in WAPCO

November 20, 2024/Cordros Report EQUITIES The domestic bourse maintained its bullish momentum, as sustained interest in WAPCO (+10.0%) drove the All-Share Index up by 0.3% to 98,227.50 points. Consequently, the Month-to-Date and Year-to-Date returns settled higher at +0.6% and +31.4%, respectively. The total volume of trades increased by 11.0% to […]

Yellow Card Secures Crypto Asset Service Provider Licence in South Africa

Stablecoin adoption is surging throughout Africa, with sub-Saharan Africa having the highest adoption rate in the world at 9.2% November 20, 2024/Yellow Card Yellow Card, Africa’s leading stablecoin-based infrastructure provider, has been issued a Crypto Asset Service Provider (CASP) licence by the Financial Sector Conduct Authority (FSCA) in South Africa.   […]