September 4, 2024/InvestmentOne Report The NGXASI declined today by 0.35% to close at 96,537.48pts on the back of the losses recorded on OANDO (-10.00%), ZENITHBANK (-2.35%) and UBA (-2.26%) which pushed the domestic bourse into the negative zone. In the fixed income space, the Treasury Bills secondary market traded on a positive […]
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Bears Return as Nigerian Stocks Loss -0.4%, Dragged by OANDO
September 4, 2024/Cordros Report EQUITIES The bears returned to the domestic stock market as profit-taking activities in OANDO (-10.0%) undermined market’s performance. As a result, the All-Share Index dipped by 0.4% to close at 96,537.48 points. Consequently, the Month-to-Date and Year-to-Date returns printed 0.0% and +29.1%, respectively. The total volume […]
United Capital Trustees Names Michael Abiodun Thomas as MD/CEO
September 4, 2024/United Capital United Capital Trustees, a subsidiary of United Capital Group has appointed Michael Abiodun Thomas as the new Managing Director/Chief Executive Officer. A statement explained that the appointment follows a rigorous approval process by the Securities and Exchange Commission (SEC). Michael Abiodun Thomas brings nearly two decades […]
