January 27, 2025/Cordros Report EQUITIES The local bourse commenced the week on a positive note as buying interest in ACCESSCORP (+9.9%) and FBNH (+7.8%) drove the benchmark index higher by 0.8% to 104,418.95 points. Consequently, the Year-to-Date returns settled at +1.5%. The total trading volume decreased by 10.1% to 518.28 million […]
More News
Zenith Bank Raises Over N350bn Through Rights Issue, Public Offer
January 27, 2025/Zenith Bank Plc Zenith Bank Plc has raised N350.4bn through its recently concluded hybrid Rights Issue and Public Offer. In a statement released to the Nigerian Exchange (NGX) Group on Sunday, January 26, 2025, the Bank announced that it has secured the full regulatory approval of the Central […]
Composite PMI Ends the Year in Expansion Zone
January 27, 2025/CSL Research The Central Bank of Nigeria (CBN) recently released its Purchasing Managers’ Index (PMI) survey for December 2024, covering three key sectors: Industry, Services, and Agriculture. The composite PMI for December rose to 51 points, signalling an expansion in economic activities after two consecutive months of contraction. […]
