October 9, 2024/InvestmentOne Update ASI as at 12.00pm: +0.04% Top Gainers and Losers: LASACO (+10.00%), JBERGER (+9.33%), ETERNA (-8.52%) and SOVRENINS (-6.45%). Sector Performances: Consumer Goods (+0.01%), Banking (-0.14%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume decreased by 74% and 13% respectively, when compared to […]
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GTCO, OANDO Drags Nigerian Stocks to Bearish Zone as Indices Dip -0.1%
October 8, 2024/Cordros Report EQUITIES Negative sentiments resurfaced in the Nigerian equities market as losses in OANDO (-5.8%) and GTCO (-3.7%) caused a 0.1% decline in the All-Share Index to 97,584.81 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at -1.0% and +30.5%, respectively. The total volume of trades declined […]
Dangote Says Nigeria Can Become a Refining Hub
…Saves Africa’s $17bn Petrol Products Imports October 8, 2024/Dangote Group Nigeria must enhance its crude oil production capacity and effectively manage its crude supply to ensure adequate feedstock for domestic refineries, in order to transit from a net importer to a net exporter of petroleum products. Chairman of Dangote […]
