May 6, 2024/InvestmentOne Report The NGXASI declined by 0.89% today to close at 98,703.68pts, as the selloffs observed in AIRTELAFRI (-10.00%), TRANSCORP (-3.55%) and STANBIC (-2.80%) drove the equities market into the red zone. In the fixed income space, the Treasury Bills secondary market was bearish today, as there were negative sentiments […]
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Nigerian Stocks Kick Off Week Negative -0.9%, Dragged by AIRTELAFRI
May 6, 2024/Cordros Report EQUITIES Trading in the domestic equities market kicked off the week on a negative note as profit-taking activities witnessed in AIRTELAFRI (-10.0%) caused a 0.9% decline in the benchmark index. Thus, the All-Share Index closed at 98,703.68 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to […]
Asset Under Management in the Pension Industry Declined to N19.7trn in March 2024
May 6, 2024/FBNQuest Research According to the most recent data from the National Pension Commission (PenCom), the regulated pension industry’s total assets under management (AUM) decreased mildly by N90.3bn to N19.7trn in Mar ’24. The reduction in March marks an end to the consecutive monthly growth in pension assets that […]
