August 20, 2024/InvestmentOne Report In the recent release of its audited FY 2024 results, Guinness Nigeria Plc reported continued pressure on its bottom line, with a substantial loss of NGN 54.77 bn. This loss was primarily attributed to the ongoing foreign exchange challenges impacting its foreign-denominated intercompany loans. Despite these […]
More News
Intraday Update: NGXASI Gains +0.04%, Driven by Blue Chips
August 20, 2024/InvestmentOne Update ASI as at 12.00pm: +0.04% Top Gainers and Losers: OANDO (+9.90%), CUTIX (+9.85%), THOMASWY (-9.71%) and GUINEAINS (-5.00%). Sector Performances: Industrial (+0.02%), Banking (-0.33%), Oil & Gas (-0.11%) and Consumer Goods (-0.06%). Market activity: In today’s trade, total volume and value increased by 392% and 53% […]
Ahead of the US Dollar Domestic Bond Issuance
August 19, 2024/FBNQuest Research he federal government (FG) will auction its first series of the much-anticipated dollar-denominated domestic bond today, August 19, 2024. The issuance, the first of its kind, marks a significant milestone in the nation’s domestic debt market. The bond security, available to local and foreign investors and […]
