Investors Bite

Nigerian Bourse Extends Previous Loss as Index Down -0.1%, Dragged by Dangote Sugar, WAPCO

June 25, 2024/Cordros Report EQUITIES The domestic bourse extended yesterday’s bearish sentiments following sell pressures on DANGSUGAR (-5.7%) and WAPCO (-4.1%). Consequently, the NGX ASI declined by 0.1% to 99,217.60 points, with the MTD and YTD returns printing -0.1% and +32.7%, respectively. The total volume of trades declined by 62.9% […]

Dabar Media Launches in Africa and Secures $100,000 in Seed Funding from Angel Investors

With this investment, Dabar has successfully extended its presence to the United States, United Kingdom, Canada, Germany, and Nigeria, boasting more than 9,300 daily readers within six months of launching June 25, 2024/Dabar Media Dabar Media proudly announces its launch in Africa, bolstered by a successful $100,000 seed funding round […]

Market Opens Red as NGXASI Down by 44 bps, Investors Loss N248.30Bn

— NGXASI stands at +32.81% (YTD); Naira depreciated by 0.31% to close at N1,490.20 June 24, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: The Nigerian Equities market closed in the negative zone today, as the NGX All-Share Index declined by 44 basis points, closing at 99,304.12 […]