This acquisition significantly enhances Angola’s energy security by empowering local companies to own strategic petroleum assets, thereby strengthening the nation’s energy sector July 17, 2024/PAC Capital Limited PAC Capital Limited (“PAC Capital”), the investment banking arm of PanAfrican Capital Holdings, is thrilled to announce the successful completion of a US$443 […]
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Nigerian Bourse Pause Two-Day Bullish Run, Declines -4Bps on MTNN Losses
July 17, 2024/Cordros Report EQUITIES The local bourse paused its two-day bullish run as sell pressures on MTNN (-3.4%) undermined market performance. Thus, the NGX ASI declined by 4bps to close at 100,032.32 points. Sequentially, the MTD and YTD returns settled at 0.0% and +33.8%, respectively. The total trading volume increased by […]
NGXASI Dips -0.04%, Dragged by Dangote Sugar, GTCO, MTNN
July 17, 2024/InvestmentOne Report The NGXASI declined by 0.04% today to close at 100,032.32pts, as losses in MTNN (-3.40%), DANGSUGAR (-1.44%) and GTCO (-0.22%) drove the domestic bourse into the red zone. In the fixed income space, the Treasury Bills secondary market closed bearish, majorly driven by selloffs at the short end […]
