Investors Bite

Intraday Update: Nigerian Stocks Gains +0.22%, Driven by Blue Chips

August 7, 2024/InvestmentOne Update ASI as at 12.00pm: +0.22% Top Gainers and Losers: OANDO (+9.98%), RTBRISCOE (+9.90%), NEIMETH (-9.23%) and SKYAVN (-3.57%).  Sector Performances: Banking (+1.11%), Oil & Gas (+0.09%), Industrial (+0.03%), and Consumer Goods (-0.27%).   Market activity: In today’s trade, total volume and value both advanced by 21% and 25% respectively, when compared to this […]

AFC Further Diversifies Shareholders with New Equity from DRC’s Rawbank

AFC has mobilised over US$200 million in investments in DRC across its key sectors of natural resources, power, transport, and heavy industries, holding an investment pipeline of over US$850 million in the near- to-medium term August 6, 2024/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced […]

NGXASI Declines -0.67% on Losses in BUACEMENT, GTCO, TRANSCORP

August 6, 2024/InvestmentOne Report The NGXASI declined by 0.67% today to close at 96,928.52pts, as the losses recorded on BUACEMENT (-9.99%), TRANSCORP (-1.82%) and GTCO (-1.44%) drove the market into the negative territory. In the fixed income space, the Treasury Bills secondary market traded on a bearish note today driven by the […]