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MPC Likely to Hold Rate

September 23, 2024/CSL Research As the Central Bank of Nigeria (CBN) holds its fifth Monetary Policy Committee (MPC) meeting of the year today and tomorrow, we expect the committee to keep the Monetary Policy Rate (MPR) unchanged at 26.75%. Although inflationary pressures persist, the recent decline in inflation over the […]

Access Holdings Plc: Improved Profitability Amidst Higher Gross Earnings

September 23, 2024/InvestmentOne Update Formidable Income from Core Business: Over the weekend, the H1’2024 financial report was finally released by Access Holdings PLC. According to the report, income from core business remained formidable as net interest income improved by 128.95% YoY to NGN513.39bn in the first half of 2024, relative […]

United Capital Research Investment Views This Week, 23rd September to 27th September 2024

September 23, 2024/United Capital Research Global Markets: Fed Outsized Rate Cut Sours Positive Sentiments in Markets for Risk Assets The Fed’s rate cut announcement seemed to be the most significant factor influencing investor sentiment last week. The Federal Open Market Committee chose to lower its key overnight borrowing rate by […]