May 10, 2023/InvestmentOne Update ASI as at 12.00pm: +0.13% Top Gainers and Losers: TRANSCORP (+9.69%), CWG (+9.43%), BUAFOODS (-10.00%) and ROYALEX (-9.84%). Sector Performances: Consumer Goods (+1.31%), Oil and Gas (+0.09%), Banking (-1.61%) and Industrial (-0.02%). Market activity: In today’s trade, total volume and value decreased by 15% and 12% respectively, […]
Updates
Vice President Yemi Osinbajo Commissions Transcorp’s Afam 240MW Fast Power
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 […]
Coronation Fixed Income and Exchange Rate Update
May 9, 2023/Coronation Research Summary Opening market liquidity was reported at N343.8bn on Friday (05 May 23). Call, overnight, and repo rates closed within a range of 5% – 12% as system liquidity improved due to inflows from an OMO maturity and an fx refund. This week, we expect rates […]
