October 4, 2024/United Capital Research Anglophone West Africa Nigeria Naira-for-crude deal begins The Technical Sub-Committee on Domestic Sales of Crude Oil in Local Currency, on Sunday, confirmed that the supply of crude in naira by the Nigerian National Petroleum Company Limited (NNPCL) to the Dangote Petroleum Refinery is to begin […]
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NGXASI Declines -1.19% on Losses in Blue Chips
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 […]
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 […]
