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Nigerian Stocks Open Week Bearish -0.2%, Dragged by JBERGER

September 9, 2024/Cordros Report EQUITIES The domestic equities market ended the day lower as investors took profits off JBERGER, resulting in a 0.2% decline in the All-share index to 96,206.18 points. Accordingly, the Month-to-Date and Year-to-Date returns printed -0.4% and +28.7%, respectively. The total volume of trades increased by 94.5% to […]

Unity Bank Projects N27B In Q4 Earnings, Targets N4B Profit

September 9, 2024/Unity Bank Plc Unity Bank Plc has projected gross earnings of N27 billion and a Profit After Tax of N4 billion in Q4, 2024, in its latest earnings forecast released to the Nigerian Exchange Group.  Although the projected gross earnings represent a marginal increase from the N26 billion […]

NDIC, BOI, BDAN, Other Financial Institutions Set for $1 Trn Economy Discourse at FICAN Conference

September 9, 2024/FICAN The Nigeria Deposit Insurance Corporation (NDIC), the Central Bank of Nigeria (CBN), the Bank of Industry (BoI), the  United Bank for Africa, Access Holdings plc and a host of other banking and financial institutions have thrown their weight behind the 2024 conference of the Finance Correspondents Association […]