July 2, 2024/Coronation Research Summary Opening market liquidity was reported at N514.2bn on Friday (28, June ‘24). Call, overnight, and repo rates closed within the range of 6% – 25%, as rates in the money market moderated. Last week, the average NTB yield increased by +7bps to close at 22.1% […]
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United Capital Announces Launch of Infrastructure Fund Series III Issuance of Up to N10Bn
July 2, 2024/United Capital United Capital Plc, a leading investment management and financial services group has announced the launch of its Infrastructure Fund Series III Issuance of up to N10bn under the N150bn Shelf Programme. This follows the successes of the first two issuances, which garnered substantial subscriptions and positive investor feedback. […]
Intraday Update: Nigerian Stocks Trades Flat at 0.00%
July 2, 2024/InvestmentOne Update ASI as at 12.00pm: 0.00% Top Gainers and Losers: CORNERST (+10.00%), WAPIC (+9.59%), CWG (-9.47%) and CUTIX (-4.55%). Sector Performances: Banking (-0.09%), Industrial (-0.01%), Consumer Goods (-0.09%) Oil & Gas (-0.03%) Market activity: In today’s trade, total volume increased by 0.92% while total value decreased by 50% […]
