December 4, 2024/InvestmentOne Update ASI as at 12.00pm: +0.49% Top Gainers and Losers: TIP (+9.72%), FTNCOCOA (+9.50%), HMCALL (-9.15%) and DAARCOMM (-8.93%). Sector Performances: Oil & Gas (+3.12%), Industrial (+0.86%), Banking (+0.02%) and Consumer Goods (-0.62%). Market activity: In today’s trade, total volume and value decreased by 74% and 38% […]
Updates
Dangote Sugar’s Investment in BIP is a Revolution in Job Creation-NDE
December 3, 2024/Dangote Group The huge investment by Dangote Sugar Refinery in the Sugar Backward Integration Policy (BIP) of the federal government has been hailed by the National Directorate of Employment (NDE), which described its job creation potential as humongous. Director-General of NDE, Silas Agara who commended the Chairman of […]
Coronation Fixed Income and Exchange Rate Update
December 3, 2024/Coronation Merchant Bank Summary As of Friday last week, market liquidity closed negative at N237.03bn. Call, overnight, and repo rates closed within a range of 7.7% – 29.9% In the secondary market the average Treasury-bill yield increased by 113bps to close at 25.16% pa. The average yield for […]
