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Islamic Development Bank Institute’s New Book Offers Guide on Navigating Islamic Equity Investing

The book goes beyond traditional investment guides by addressing the unique challenges and opportunities presented by ethical investing within the principles of Islamic economics February 28, 2024/Islamic Development Bank Institute The Islamic Development Bank Institute (IsDBI) published a new book titled “Demystifying Islamic Equity Investment: Portfolio Theory and Practice”. The […]

NGXASI Declines -1.38% on Selloffs in MTNN, Banking Counters

February 27, 2024/Futureview Research The NGXASI declined by 1.38% today to close at 100,582.89pts, as selloffs in FBNH (-10.00%), MTNN (-9.94%) and UBA (-5.46%) drove the market into the red territory. In the Fixed income space, the Treasury Bills secondary market closed flat, as we observed tepid sentiment across the curve, consequently Average […]

Nigerian Bourse Trades Lower -1.4%, Dragged by FBNH, MTNN

February 27, 2024/Cordros Report EQUITIES The local bourse traded lower in today’s session as profit-taking activities in MTNN (-9.9%) and FBNH (-10.0%) triggered a 1.4% decrease in the benchmark Index. Thus, the NGX ASI settled at 100,582.89 points, with the Month-to-Date and Year-to-Date returns printing -0.6% and +34.5%, respectively. The volume of […]