August 19, 2024/Alesia Communication Technology group Wärtsilä’s renewal of its existing Operations and Maintenance (O&M) agreement with QIT Madagascar Minerals S.A (QMM), part of the Rio Tinto group, has been expanded to include a Decarbonisation Agreement. The Agreement is a groundbreaking offering in the energy sector, and allows for optimising […]
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Intraday Update: Nigerian Stocks Gain +0.41%, Buoyed by Blue Chips
August 19, 2024/InvestmentOne Update ASI as at 12.00pm: +0.41% Top Gainers and Losers: CUTIX (+10.00%), SOVRENINS (+10.00%), INTBREW (-9.89%) and AFRIPRUD (-9.68%). Sector Performances: Industrial (+1.15%), Banking (+0.45%), Oil & Gas (+0.11%) and Consumer Goods (-0.18%). Market activity: In today’s trade, total volume and value advanced by 85% and 45% […]
Slight Decline in FX Reserves Ahead of US$500M Domestic Bond Offering
August 19, 2024/CSL Research Based on data from the Central Bank of Nigeria (CBN) as of August 15, 2024, the nation’s external reserves showed a slight decline of US$0.34 billion, decreasing to US$36.53 billion from a year high of US$36.87 billion recorded on 7 August 2024. This decline is attributed […]
