July 7, 2020/InvestmentOne Update ASI as at 12.00pm: +0.14%. Market movers: REDSTAREX (+9.76%), STERLNBANK (+4.27%), JBERGER (-9.97%) and OKOMUOIL (-9.95%). Sector Performances: Banking (+0.55%), Industrial (+0.09%), Consumer Goods (-0.08%) and Oil & Gas. Market activity: In today’s early trade, total volume and value decreased by 49% and 65% respectively, compared to this time yesterday as investors have traded about 36million units of shares worth about N411million. GUARANTY (-0.24%) is the […]
Updates
Nigeria’s Debt Profile on a Rise – PFI Capital Limited
Culled—Proshare July 6, 2020 PFI Capital Limited The DMO recently released Nigeria’s public debt profile as at Q1’20 and it shows total public debt increased by 4.49% to N28.63 trillion from N27.40 trillion recorded in Q4’19. In monetary terms, it translates to N1.23 trillion increase in three months. We however […]
AEC Hopeful for a Quick Resolution of Disagreements Over Fuel Shortages in Tanzania
The African Energy Chamber is calling for the respect of the rule of law, and asking that they be afforded all due processes as required by Tanzanian law The African Energy Chamber (https://EnergyChamber.org/) expresses its concerns over the alleged arrest and detention of three energy executives in Tanzania last week. […]
