September 6, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria Banks’ deposits with CBN hit N3.42tn The deposits of banks with the Central Bank of Nigeria (CBN) hit a weekly high of N3.42tn at the end of last week, the highest in August. The deposits for the previous three weeks […]
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Intraday Update: Nigerian Stocks Gain +0.19%, Buoyed by Blue Chips
September 6, 2024/InvestmentOne Update ASI as at 12.00pm: +0.19% Top Gainers and Losers: OANDO (+10.00%), LIVESTOCK (+9.71%), DAARCOMM (-9.86%) and DEAPCAP (-9.62%). Sector Performances: Consumer Goods (+0.33%), Oil & Gas (+0.05%), Banking (+0.03%) and Industrial (-0.19%). Market activity: In today’s trade, total volume, and value advanced by 5% and 68%, […]
Oando Drags Nigerian Stocks to -0.3% Loss
September 5, 2024/Cordros Report EQUITIES The Nigerian equities market extended yesterday’s loss as continued sell pressures on OANDO (-9.7%) drove the All-Share Index lower by 0.3% to 96,210.20 points. As a result, the Month-to-Date and Year-to-Date returns settled at -0.4% and +28.7%, respectively. The total volume of trades decreased by […]

