July 12, 2024/InvestmentOne Report The NGXASI advanced by 0.20% today to close at 99,671.28pts, as the gains recorded in SEPLAT (+7.18%), PRESCO (+4.18%) and GTCO (+0.66%) propelled the market into the positive territory. In the fixed income space, the Treasury Bills secondary market traded on a slightly negative note as yields increased […]
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Nigerian Stocks End Week Lower -0.4%, Dragged by Bellwether Counters
Mainly, sell pressures on GTCO (-3.9%), TRANSCORP (-1.0%), SEPLAT (-1.7%) and UBA (-4.0%) drove the All-Share Index lower by 0.4% w/w. July 12, 2024/Cordros Report Global Economy According to the Bureau of Labor Statistics (BLS), the United States headline inflation maintained its downtrend for the third consecutive month, coming in […]
United Capital Weekly Pan African Monitor Friday 12-July-2024
July 12, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria Credit to government rises by N8.4 trillion in May 2024, dwarfs private sector credit growth Credit to the government surged by 30.0% (N8.4trn) from N19.98trn in April to N28.38trn in May-2024. On a y/y basis, credit to government decreased by […]
