September 20, 2024/InvestmentOne Report The NGXASI advanced today by 0.20% to close at 98,247.99pts as investors increased their stakes in FIDELITYBK (+9.68%), MTNN (+4.06%) and GTCO (+2.70%) which drove the Nigerian bourse into the positive territory. In the fixed income space, the Treasury Bills secondary market closed downwards driven by selloffs observed within […]
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Nigerian Stocks Gain Second Straight Week, Index Up +0.8%, Buoyed by Blue Chips
The Nigerian equities market extended its gains for the second consecutive week, primarily driven by demand for GEREGU (+15.0%), MTNN (+4.0%), and FIDELITYBK (+24.2%). Thus, the All-Share Index notched a 0.8% w/w gain to close at 98,247.99 points. September 20, 2024/Cordros Report Global At the recently concluded September policy meeting, […]
United Capital Weekly Pan African Monitor Friday 20-September-2024
September 20, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria Inflation dropped to 32.15% in August 2024 Nigeria’s headline inflation rate dropped to 32.15% for the month of August 2024, This represents a 1.25% decrease from the 33.4% recorded in July 2024 and the second consecutive monthly slowdown in inflation […]
