November 1, 2024/InvestmentOne Report Overview of Financial Performance for 9M: 2024: Conoil’s total revenue for 9M:2024 surged by 80.69% to NGN249.13bn, up from NGN137.89bn in 9M:2023. This significant increase is primarily attributed to higher sales volumes in its core petroleum products segment, which benefitted from favorable pricing within Nigeria as […]
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NGXASI Dips -0.22% on Losses in Bellwether Counters
November 1, 2024/InvestmentOne Report The NGXASI declined today by 0.22% to close at 97,432.02pts, following the profit taking seen in UBA (-2.68%), STERLINGNG (-4.08%) and CUSTODIAN (-6.98%) which spurred the negative close. In the fixed income space, the Treasury Bills secondary market exhibited a negative performance due to the selloffs observed at […]
Nigerian Bourse Closes Week Bearish -2.0%, Dragged by Blue Chips
Activities in the domestic bourse took a negative turn this week, following pressure from profit-taking activities during the week. Consequently, the All-Share Index declined by 2.0% w/w to 97,432.02 points, following sell pressures on BUACEMENT (-11.1%), MTNN (-4.9%), FBNH (-6.1%), and ARADEL (-25.7%). November 1, 2024/Cordros Report Global According to […]
