The bears took a back seat as positive sentiments resurfaced in the Nigerian equities market following investors’ interest in MTNN (+5.2%), OANDO (+60.5%), UBA (+14.7%), and ZENITHBANK (+7.9%), which drove the All-Share Index higher by 0.9% to 98,605.79 points. August 9, 2024/Cordros Report Global According to recently released data by […]
Investors Bite
Intraday Update: Nigerian Stocks Gain +0.32%, Driven by Blue Chips
August 9, 2024/InvestmentOne Update ASI as at 12.00pm: +0.32% Top Gainers and Losers: JBERGER (+10.00%), MECURE (+9.94%), CUSTODIAN (-9.77%) and DAARCOMM (-9.09%). Sector Performances: Banking (+1.06%), Oil & Gas (+0.51%), Industrial, and Consumer Goods. Market activity: In today’s trade, total volume, and value both decreased by 42% and 48% respectively, when compared to this time yesterday, […]
United Capital Weekly Pan African Monitor Friday 09-August-2024
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 […]
