Local stocks ended the week on a negative note, driven by selloffs of STANBIC (-13.1%) and GEREGU (-7.2%). As a result, the All-Share Index shed 0.4% w/w to close at 66,915.41 points. October 20, 2023/Cordros Report Global Economy According to the National Bureau of Statistics of China, the Chinese economy […]
Investors Bite
Bears dominate the week’s close; NGXASI shed 27bps; Investors lose N100.75 billion
——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, […]
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 […]
