October 23, 2024/InvestmentOne Report The NGXASI ended the day on a positive note as it advanced by 0.05% to close at 98,944.42pts as buy interests in OANDO (+10.00%), FBNH (+6.49%) and ZENITHBANK (+4.66%) drove the local bourse into the positive territory. In the fixed income space, the Treasury Bills secondary market closed […]
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Bellwether Counters Drive Nigerian Stocks to +0.1% Gian
October 23, 2024/Cordros Report EQUITIES The domestic bourse maintained its winning streak in today’s session underpinned by buying interests in OANDO (+10.0%), FBNH (+6.5%), and ZENITHBANK (+4.7%). Thus, the All-Share Index advanced by 0.1% to close at 98,944.42 points. Consequently, the Month-to-Date and Year-to-Date returns printed +0.4% and +32.3%, respectively. […]
IMF Projects Slower Economic Growth for Nigeria in 2024
October 23, 2024/CSL Research The International Monetary Fund (IMF) has revised its economic growth forecast for Nigeria, indicating a slowdown in 2024. In its latest World Economic Outlook report, released on Tuesday, the IMF now projects Nigeria’s economy to grow by 2.9% in 2024. In its July forecast, the International […]
