Investors Bite

United Capital Weekly Pan African Monitor Friday 26-Jan-2024

January 26, 2024/United Capital Anglophone West Africa Nigeria Nigeria central bank aims for 21% inflation, seeks to support naira Nigeria’s central bank aims for inflation to fall to about 21% and will work to strengthen the country’s undervalued naira currency, Governor Olayemi Cardoso said. Cardoso faces pressure to raise interest […]

WFE: Popoola Emphasizes Technology Revamp, Listing Rules Review and FPI Targeting

January 25, 2024/NGX Temi Popoola, Group Managing Director and Chief Executive Officer of the Nigerian Exchange Group Plc has highlighted various plans by the exchange group to revamp its technology infrastructure, attract listings, enhance retail investors participation and foreign capital inflows. Popoola stated this whilst addressing leaders of exchanges from […]

NGXASI Advance +0.57% Reaching New Mark 102,149.93 Points

January 25, 2024/InvestmentOne Report The NGXASI advanced by 0.57% today, reaching a new ATH to close at 102,149.93pts, as investors buying interest on SEPLAT (+10.00%), GEREGU (+5.39%) and ETI (+7.29%) drove the market into the green zone. In the Fixed income space, the Treasury Bills secondary market closed flat, due to the […]