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United Capital Weekly Pan African Monitor Friday 12-July-2024

July 12, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria Credit to government rises by N8.4 trillion in May 2024, dwarfs private sector credit growth Credit to the government surged by 30.0% (N8.4trn) from N19.98trn in April to N28.38trn in May-2024. On a y/y basis, credit to government decreased by […]

Intraday Update: Nigerian Stocks Gain +0.27%, Buoyed by Blue Chips

July 12, 2024/InvestmentOne Update ASI as at 12.00pm: 0.27%  Top Gainers and Losers:  CUTIX (+10.0%), LEARNAFRICA (+10.00), STERLINGNG (-10.00%)  and  AIICO (-4.46%).  Sector Performances: Oil & Gas (+3.26%), Industrial (+0.01%), Consumer Goods (+0.03%) and Banking (-0.17%).   Market activity: In today’s trade, total volume increased by 57% while total value decreased by 33%, when compared […]

What’s in Access Holdings’ 17.7Bn Rights Offer for Investors?

July 12, 2024 By Kelechukwu Mgboji InvestAdvocate Lagos (INVESTADVOCATE)-Barely one month before August 8 closing date of Access Bank’s 17.77billion rights issue, some shareholders and investors are pondering whether the offer is a good buy or not. Here are some facts to help investors make investment decision to exercise their […]