April 8, 2024/NGX The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX Group), Mr. Temi Popoola, has been elected Chairman of Central Securities Clearing System (CSCS) Plc, effective April 1, 2024; succeeding Mr. Oscar N. Onyema, OON, who retired after thirteen years of exemplary service as Chairman. Mr. […]
Investors Bite
GTCO Drags Nigerian Bourse to Open Week Negative -0.4%
April 8, 2024/Cordros Report EQUITIES Trading in the domestic equities market kicked off the week on a negative note as profit-taking activities witnessed in GTCO (-4.2%) caused a 0.4% decline in the benchmark index. Thus, the All-Share Index closed at 103,047.23 points. Accordingly, the Month-to-Date and Year-to-Date returns settled […]
NGXASI Dips -0.38% Dragged by Banking Counters
April 8, 2024/InvestmentOne Report The NGXASI declined by 0.38% today to close at 103,047.07pts, as the selloffs observed in UBA (-5.09%), FBNH (-4.75%) and GTCO (-4.17%) drove the market into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a bullish note today, as we observed […]
