· strong earnings prospects from the new refinery August 5, 2024/Dangote Group GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also affirmed the national scale long-term issue rating of […]
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NGXASI Dips -0.17% on Losses in Blue Chips
August 5, 2024/InvestmentOne Research The NGXASI declined by 0.17% today to close at 97,582.41pts, as the sell pressure on MTNN (-5.95%), TRANSCORP (-1.79%) and STERLINGNG (-2.99%) propelled the local equities market into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a negative note today amid […]
Nigerian Bourse Kicks Off Week Bearish -0.2%, Dragged by MTNN
August 5, 2024/Cordros Report EQUITIES Trading in the domestic bourse kicked off the week on a bearish note, underpinned by losses in MTNN (-6.0%). Consequently, the All-Share Index declined by 0.2% to close at 97,582.41 points, with the Month-to-Date and Year-to-Date returns printing -0.2% and +30.5%, respectively. The total […]
