December 18, 2024/Dangote Group We have received numerous inquiries from the media and other concerned stakeholders seeking clarification on a recent report attributed to the Nigerian National Petroleum Company Limited (NNPCL) that their decision to secure a $1 billion loan backed by its crude was instrumental in supporting the Dangote […]
Other News
Nigerian Bourse Extend Bullish Run +0.4%, Driven by Banking, Oil & Gas Stocks
December 18, 2024/Cordros Report EQUITIES The domestic bourse extended its bullish momentum as gains in ARADEL (+5.4%), OANDO (+2.9%), and ZENITHBANK (+1.6%) drove the All-Share Index higher by 0.4% to 100,477.46 points. Sequentially, the Month-to-Date and Year-to-Date returns settled higher at +3.1% and +34.4%, respectively. The total volume of trades […]
NGXASI Advance +0.43% on Gains in Banking, Oil & Gas Counters
December 18, 2024/InvestmentOne Report The NGXASI advanced by 0.43% today to close at 100,477.46pts, as positive sentiments observed in ETI (+3.70%), OANDO (+2.92%) and ZENITHBANK (+1.59%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed on a negative note today, largely due to […]
