Investors Bite

NGXASI Advance +0.68% Driven by Banking Counters

February 29, 2024/InvestmentOne Report The NGXASI advanced by 0.68% today to close at 99,980.30pts, as bargain hunting in banking stocks including GTCO (+10.00%), UBA (+10.00%) and ZENITHBANK (+7.86%) drove the market into the green zone. In the Fixed income space, the Treasury Bills secondary market closed up, driven by bullish sentiments across […]

DMO Raises N1.495trn in February 2024 FGN Bonds Auction

February 29, 2024/DMO In an unprecedented development, the Debt Management Office (DMO) raised N1.495 Trillion Federal Government of Nigeria (FGN) Bonds at its monthly Auction for February 2024. The DMO offered N1.25 Trillion 7-year FGN Bond maturing in 2031 and another N1.25 Trillion 10-year FGN Bond maturing in 2034. For the […]

Bears Hold Sway as NGXASI Down by -131 bps, Investors Loss N720.57Bn

NGXASI stands at +32.76% (YTD); Naira appreciated by 0.40% to close at ₦1,609.51 February 28, 2024/Futureview Research Click here to download the full report EQUITIES MARKET: Bears maintained dominance as the Nigerian equities market continued end the day’s session in the south territory.  The NGX All-Share Index dipped below the […]