Other News

NGXASI Gains +0.13% on Interest in Blue Chips

December 17, 2024/InvestmentOne Report The NGXASI rose by 0.13% today to close at 100,050.94pts, as buy-ins witnessed in  MRSOIL (+10.00%), STANBC (+3.70%) and GTCO (+0.96%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed positive today, largely due to the downwards momentum […]

November-2024 Inflation Note: Headline Inflation Trends Higher

December 17, 2024/United Capital Report Extracts from Nov-2024 Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) revealed that the Nigeria’s headline inflation printed at 34.60% on a year-on-year (y/y) basis, indicating a 72bps climb from 33.88% y/y recorded in Oct-2024, the highest in 26 years. […]

Cassava Technologies Secures USD 310 Million in Funding and Completes Business Reorganization

This funding is a key part of Cassava’s plan to strengthen its balance sheet, drive sustainable profitable growth, and cement its position as a global technology company of African heritage December 17, 2024/Cassava Technologies Cassava Technologies (Cassava), a global technology leader of African heritage, proudly announces three significant milestones: a […]