August 9, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria Public debt stock may hit N130tn by Dec Nigeria’s public debt stock is projected to hit N130tn this year, raising concerns about the country’s debt-to-gross domestic product ratio. Nigeria’s public debt stock, which includes external and domestic debt, stood at […]
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NGXASI Advance by +1.03%, Buoyed by Bellwether Counters
August 8, 2024/InvestmentOne Report The NGXASI advanced by 1.03% today to close at 98,118.30pts, as the bullish momentum on MTNN (+10.00%), OANDO (+9.97%) and ZENITHBANK (+2.70%) pushed the local bourse into the positive terrain. In the fixed income space, the Treasury Bills secondary market traded on a positive note today as yields […]
Nigerian Bourse Extend Bullish Run by +1.0% Gain, Driven by MTNN
August 8, 2024/Cordros Report EQUITIES The local bourse extended yesterday’s bullish performance as bargain hunting in MTNN (+10.0%) drove the benchmark index 1.0% higher. Thus, the All-Share index closed at 98,118.30 points, with the Month-to-Date and Year-to-Date returns increasing to +0.4% and +29.9%, respectively. The total trading volume […]
