August 21, 2024/InvestmentOne Report The NGXASI declined today by 0.07% to close at 95,895.92pts as losses in OANDO (-8.66%), UBA (-1.79%) and FBNH (-1.21%) drove the domestic equities market into the red zone. In the fixed income space, the Treasury Bills secondary market closed negative as we observed sell pressure across the […]

August 21, 2024/Cordros Report EQUITIES The domestic stock market reversed yesterday’s gains as losses in OANDO (-8.7%) undermined market performance. Thus, the All-Share Index dipped by 0.1% to close at 95,832.29 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to -2.0% and +28.2%, respectively. The total volume of trades declined […]

August 21, 2024/NGX The Chief Executive Officer (CEO) of NGX Regulation Limited (“NGX RegCo”), Mr Olufemi Shobanjo, has commended the Financial Reporting Council of Nigeria (FRCN) for its pioneering role in advancing sustainability reporting standards across the African continent. Speaking at the Regulatory Roundtable for Sustainability Reporting in Nigeria, hosted […]