October 3, 2024/InvestmentOne Report The NGXASI declined today by 1.19% to close at 97,064.42pts as the sell pressure on DANGCEM (-10.00%), FBNH (-4.26%) and DANGSUGAR (-4.41%) propelled the local bourse into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a negative note due to the […]
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Bears Sustain Hold as Nigerian Bourse Dips -1.2%, Dragged by Dangote Cement
October 3, 2024/Cordros Report EQUITIES Bearish sentiments persisted in the domestic stock market, as sell pressures in DANGCEM (-10.0%) drove the All-Share Index lower by 1.2% to 97,064.42 points. Consequently, the Month-to-Date and Year-to-Date returns printed -1.5% and +29.8%, respectively. The total volume of trades declined by 36.1% to 268.39 million […]
EBRD invests €100 million in Green Genius
October 3, 2024/EBRD By Rezo Bitsadze The EBRD becomes a minority shareholder in Green Genius, a renewables developer The Bank’s equity investment will fund the company’s European expansion plans Green Genius to support renewable energy development in EBRD economies The European Bank for Reconstruction and Development (EBRD) is supporting the expansion […]
