July 1, 2024/WSTC Securities MTN Nigeria Communications Plc recorded a 33% year-on-year revenue growth to N752.98bn in Q1 2024 from N568.14bn in Q1 2023. The development was supported by a strong growth trajectory in data revenue (+53% year-on-year to N349.00bn), and the segment contributed 46% to total revenue. Additionally, voice […]
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NGXASI Dips -0.04% on Losses in CORNEST, ETRANZACT, FIDSON
July 1, 2024/InvestmentOne Report The NGXASI declined by 0.04% today to close at 100,020.83pts, as the losses observed ETRANZACT (-10.00%), FIDSON (-9.70%) and CORNEST (-9.52%) drove the local bourse into the negative terrain. In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven by the optimistic […]
Bears Resurface as NGXASI Down by 4 bps, Investors Loss N20.74Bn
—NGXASI stands at +33.76% (YTD); Naira depreciated by 0.25% to close at N1,508.99 July 1, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: Bears resurfaced in the domestic bourse today, starting the trading week in the red zone as the NGX All-Share Index lost 4 basis points, […]
