January 12, 2022/InvestmentOne Update ASI as at 12.00pm: +1.18% Market movers: DANGCEM (+6.18%), LINKASSURE (+6.00%), SUNUASSUR (-8.11%) and CONOIL (-3.18%). Sector Performances: Industrial (+3.19%), Banking (+0.11%), Oil and Gas (-0.14%) and Consumer Goods Market activity: In today’s trade, total volume and value increased by 12% and 25% respectively, compared to this time yesterday, as investors have traded about 73million units of shares worth N1.01 billion. TRANSCORP (+4.08%) is the […]
Updates
Coronation Fixed Income and Exchange Rate Update
January 11. 2022/Coronation Research Summary Opening market liquidity was reported at N253.7bn on Friday (07 January ‘22). Overnight and repo rates closed within a range of 14-20.0%. Last week, the average NTB yield declined by -1bp w/w to close at 4.4%. Meanwhile, the average yield for OMO bills declined by […]
Dangote Refinery Will Boost Growth of Downstream Sector in 2022, CPPE, Others Affirm
January 10, 2022/Dangote Group The Centre for the Promotion of Private Enterprise (CPPE), an economic advocacy group, has identified Dangote Petroleum Refinery as one of the key expected drivers of growth that would impact positively on the downstream sector of the Nigerian economy in 2022. Likewise, Financial Derivatives Company Limited, […]
