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Q1 2024 GDP Report— Economic Growth Remains Resilient

May 27,2024/InvestmentOne Report Please click to download our Q1 2024 GDP Update According to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS), Nigeria’s economy, despite facing macroeconomic challenges, maintained positive growth, expanding by 2.98% YoY in real terms for the three months ending […]

UBA Other Tier-1 Banks Spur Nigerian Stock Market to Gain +0.3%

May 27, 2024/Cordros Report EQUITIES The domestic stock market edged higher in today’s trading session driven by bargain hunting in UBA (+5.7%), ZENITHBANK (+2.5%), FBNH (+3.2%), FIDELITYBK (+8.4%) and ACCESSCORP (+3.4%). Consequently, the NGX ASI notched a 0.3% gain to close at 97,863.34 points. Sequentially, the MTD and YTD returns settled […]

Bulls Open Week as NGXASI Up by 26bps, Investors Gain N141.89Bn

—NGXASI stands at +30.88% (YTD); Naira appreciated by 9.68% to close at N1,339.33 May 27, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: Bulls closed today’s trading, overturning last week’s negative closure as the All-Share Index (NGXASI) gained 0.26% to close at 97,863.34 points from 97,612.51 points […]