Other News

OPEC says Dangote Refinery’s Diesel, Jet Fuel Supplies to Disrupt Europe’s oil & Gas Industry

…It is a big plus to Nigeria’s economy August 8, 2024/Dangote Group  The Organisation of Petroleum Exporting Countries, OPEC, has said supplies from Nigeria-based world’s largest single-train Dangote Refinery and Petrochemicals will put pressure on the performance of Europe’s oil industry, especially the Northwest Europe (NWE) Gasoil. OPEC in its newly […]

NGXASI Advance by +1.03%, Buoyed by Bellwether Counters

August 8, 2024/InvestmentOne Report The NGXASI advanced by 1.03% today to close at 98,118.30pts, as the bullish momentum on MTNN (+10.00%), OANDO (+9.97%) and ZENITHBANK (+2.70%) pushed the local bourse into the positive terrain. In the fixed income space, the Treasury Bills secondary market traded on a positive note today as yields […]

Nigerian Bourse Extend Bullish Run by +1.0% Gain, Driven by MTNN

August 8, 2024/Cordros Report EQUITIES   The local bourse extended yesterday’s bullish performance as bargain hunting in MTNN (+10.0%) drove the benchmark index 1.0% higher. Thus, the All-Share index closed at 98,118.30 points, with the Month-to-Date and Year-to-Date returns increasing to +0.4% and +29.9%, respectively.   The total trading volume […]