(Credit: IMF Photo/Yam-G-Jun) Increased investor risk-taking could fuel vulnerabilities October 22, 2024/IMFBlog Tobias Adrian, Sheheryar Malik, Jason Wu When it comes to financial stability, the world is facing a split screen of short-term and medium-term factors. The good news is that near-term financial stability risks remain contained. Why? Because the […]
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NGXASI Extend Gains +0.20%, Driven by Bellwether Counters
October 22, 2024/InvestmentOne Report The NGXASI extended its winning streak as it advanced by 0.20% to close at 98,892.58pts as buy interests in TRANSCOHOT (+9.28%), GTCO (+2.94%) and OANDO (+2.00%) drove the local equities market into the positive territory. In the fixed income space, the Treasury Bills secondary market closed in the […]
UBA Plc Earnings Report: Interest Income Drives Higher PAT
October 22, 2024/InvestmentOne Report Significant Increase in Interest Income: United Bank for Africa (UBA) released its financial statements for the period ended September 2024 which revealed an impressive performance in income from core business. Specifically, interest income rose by 169.99% YoY to NGN1.79trn in 9M’2024 driven by the high yield […]
