Investors Bite

VFD Group Publishes 2024 Q1 Unaudited Financial Results

May 27, 2024/CAMCAN VFD Group Plc., a leading proprietary investment company in Nigeria, today announced its Q1 unaudited financial results for the year 2024, reported ₦2,620 billion profit after tax, accounting for over 900% increase YTD from ₦220,277 million reported in 2023. According to the result published on the NGX […]

United Capital Research Investment Views This Week, 27th May to 31st May 2024

May 27, 2024/United Capital Research Global Markets – Bearish Sentiments Toward Risk Asset Classes Last week, the major indexes in the U.S. equities market recorded widely varying results over the week, with the Dow Jones Industrial Average (DJIA) recording its biggest weekly loss since early April, while the technology-heavy Nasdaq […]

UBA Other Tier-1 Banks Spur Nigerian Stock Market to Gain +0.3%

May 27, 2024/Cordros Report EQUITIES The domestic stock market edged higher in today’s trading session driven by bargain hunting in UBA (+5.7%), ZENITHBANK (+2.5%), FBNH (+3.2%), FIDELITYBK (+8.4%) and ACCESSCORP (+3.4%). Consequently, the NGX ASI notched a 0.3% gain to close at 97,863.34 points. Sequentially, the MTD and YTD returns settled […]