——Naira depreciate by 3.27% October 20, 2023/Research & Strategy Futureview Financial Services Click here to download the full report EQUITIES MARKET: The week ended with a bearish tone in the Equities market as investors sold off high-cap stocks, leading to a 27bps decline in the NGX All-Share Index (NGXASI) to 66,915.41 points, […]
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United Capital Weekly Pan African Monitor Friday 20-Oct-2023
October 20, 2023/United Capital Anglophone West Africa Nigeria FG estimates electricity demand to hit 45,662MW by 2030 The Federal Government, through the Nigerian Electricity Regulatory Commission has said electricity demand will grow to 45,662 megawatts by 2030. According to the report, the current generation capacity was lower than what was […]
NGX Turns Negative -0.4% as Investors Took Profits off STANBIC
October 19, 2023/Cordros Report EQUITIES Sentiments in the Nigerian equities market turned negative as investors took profits off STANBIC (-8.5%). Consequently, the All-Share Index declined by 0.4% to 67,098.80 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to +1.1% and +30.9%, respectively. The total volume of trades decreased […]
