August 8, 2024/InvestmentOne Report ASI as at 12.00pm: +0.85% Top Gainers and Losers: MTNN (+10.00%), OANDO (+9.97%), ABBEYBDS (-8.05%) and TIP (-6.98%). Sector Performances: Banking (+0.53%), Consumer Goods (+0.18%), Industrial (-0.02%), Oil & Gas. Market activity: In today’s trade, total volume decreased by 10% while total value increased by 11% respectively, when compared to this time […]
More News
Coronation Fixed Income and Exchange Rate Update
August 7, 2024/Coronation Research Summary Opening market liquidity was reported at N655.5bn on Friday (02, Aug ‘24). Call, overnight, and repo rates closed within the range of 8% – 26%, as rates in the money market moderated. Last week, the average NTB yield increased by +25bps to close at 25.5% […]
First Bank Nigeria Holdings Plc H1-2023 Earnings Note
August 7, 2024/United Capital Report First Bank Nigeria Holdings (FBNH) Plc released its H1-2024 results, showing that Gross Earnings (GE) grew 2.2x to settle at N1.4tn compared to the N641.0bn in the corresponding period of 2023. The top-line growth was driven by increases in its Interest Income and non-Interest Income, which […]
