May 9, 2023/Transcorp Group Afam, Rivers State; Today, the Vice President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo has commissioned Transafam Power Limited – a subsidiary of Transnational Corporation Plc’s 240MW Afam Three Fast Power plant in Afam, Rivers State. With an already existing power plant residing in […]
Investors Bite
Nigerian Equities Rise +0.5%, Driven by Banking, Oil & Gas Sectors
May 9, 2023/InvestmentOne Report The Nigerian equities market rose by 0.05% as the NGX-ASI settled at 52,605.78pts. In today’s trade, market breadth index was significantly positive with 32 gainers against 19 losers. CONOIL (+10.00%) was the top gainer today, while UNITYBNK (-9.26%) led the losers. ACCESSCORP (-1.30%) was the most actively […]
Bullish Steam Persists as NGXASI Gains +0.1% Buoyed by Banking, Oil & Gas Counters
May 9, 2023/Cordros Report EQUITIES The Nigerian equities market traded marginally higher following bargain hunting in ETI (+7.1%) and FBNH (+2.2%). As a result, the All-Share Index advanced by 0.1% to 52,605.78 points. Accordingly, the Month-to-Date and Year-to-Date returns improved to +0.4% and +2.6%, respectively. The total volume traded increased by […]
