February 16, 2024/InvestmentOne Report The NGXASI advanced by 1.56% today to close at 105,722.78pts, as optimism grew around BUAFOODS (+10.00%), GEREGU (+9.90%) and FBNH (+7.69%) pushing the market into the positive region. In the Fixed income space, the Treasury Bills secondary market closed bearish, largely driven by selloffs across all tenors, as Average […]
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Nigerian Stocks Advance +3.8% Week-on-Week, Driven by Blue Chips
Despite profit-taking activities on banking stocks earlier in the week, the market remained in the green territory due to bargain hunting in BUAFOODS (+20.8%), AIRTELAFRI (+10.0%) and GEREGU (+33.3%). As a result, the All-Share Index advanced by 3.8% w/w. February 16, 2024/Cordros Report Global According to the Bureau of […]
ICD Returns to the Dollar Market with Tight Five-Year Print
The proceeds from the sukuk issuance will be invested in development assets, facilitating its mission to foster economic growth and development initiatives across 56 member countries February 15, 2024/The Islamic Corporation for the Development of the Private Sector (ICD) The Islamic Corporation for the Development of the Private Sector (ICD), […]
