April 5, 2024/CSL Research On 27 March 2024, the Lagos Commodities and Futures Exchange (LCFE) hosted an interactive session with commodities journalists. Akin Akeredolu-Ale, the Managing Director, and Chief Executive Officer of LCFE, emphasized the importance of the commodities exchange ecosystem for Nigeria’s development. He urged the Federal Government to […]
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Nigerian Equities Remain Bearish, Dragged by Tier-1 Banks, MTNN to -0.4% Loss
April 4, 2024/Cordros Report EQUITIES The Nigerian equities market maintained its bearish performance as sustained profit-taking activities in the tier-1 banks and MTNN (-1.3%) triggered a 0.4% decline in the benchmark index. Consequently, the All-Share Index closed at 103,736.08 points. Sequentially, the MTD and YTD returns settled at -0.8% […]
NGXASI Dips -0.43%, Dragged by FBNH, GTCO, MTNN
April 4, 2024/InvestmentOne Report The NGXASI declined by 0.43% today to close at 103,736.32pts, as the selloffs observed in GTCO (-6.49%), MTNN (-1.29%) and FBNH (-3.32%) drove the market into the red zone. In the fixed income space, the Treasury Bills secondary market closed downwards today, as we observed some buying pressure […]
