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NGX and UNIMAID Forge Strategic Partnership to Enhance Capital Market Education

September 2, 2024/NGX Nigerian Exchange Limited (NGX) and the University of Maiduguri (UNIMAID) have signed a Memorandum of Understanding (MoU) to bridge the gap between academic research and industry practice. This strategic collaboration aims to foster innovation, enrich learning, and promote sustainable development within the capital market sector. The MoU […]

Zenith Bank Plc H1-24: Solid Funded and Non-Funded Income Growth Boosts Earnings

September 2, 2024/Cordros Report Zenith Bank Plc (ZENITHBANK) published their H1-24 interim financial results at the close of business on Friday (30 August), reporting a 98.2% y/y expansion in EPS to NGN18.41 (H1-23: NGN9.29). The stellar growth across the bank’s core (+176.7% y/y) and non-core (+74.4% y/y) income lines supported […]

Intraday Update: Nigerian Stocks Gain +0.29%, Buoyed by Bellwether Counters

September 2, 2024/InvestmentOne Update ASI as at 12.00pm: +0.29% Top Gainers and Losers: OANDO (+9.95%), IMG (+9.85%), RTBRISCOE (-9.86%) and WAPIC (-9.41%). Sector Performances: Oil & Gas (+1.97%), Banking (+1.49%), Industrial (+0.06%) and Consumer Goods (+0.03%). Market activity: In today’s trade, total volume declined by 63%, while total value advanced […]