February 6, 2025/Cordros Report EQUITIES The Nigerian equities market sustained its bullish momentum for the fourth consecutive trading session, driven by gains in TRANSCORP (+1.1%), ETI (+3.0%), and ZENITHBANK (+0.6%). As a result, the All Share Index (ASI) edged up by 0.1% to 105,430.15 points, bringing the Month-to-Date (MTD) and […]
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NGXASI Advance +0.10%, Driven by Banking Counters
February 6, 2025/InvestmentOne Report The NGXASI advanced by 0.10% today to close at 105,430.15pts, as gains in FBNH (+9.56%), GTCO (+3.23%) and ACCESSCORP (+6.31%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed positive as yields had declined across all tenors of […]
Personal Statement of the MPC Members at the 155th MPC Meeting of November 25–26, 2024
February 6, 2025/CBN 1. AKU PAULINE ODINKEMELU I vote to raise the Monetary Policy Rate (MPR) by 25 basis points to 27.50% from 27.25%, retain the asymmetric corridor around the MPR at +500/-100 basis points, retain the Cash Reserve Requirement of Deposit Money Banks at 50% and Merchant Banks at […]
