April 16, 2024/CSL Research Nigeria’s public debt has been growing steadily in recent years, reaching a significant level of N97.34tn (US$108.23bn pegged at N899.39/$) as of 31 December 2023, according to the Debt Management Office (DMO). The total public debt stock includes the combined domestic and external borrowings of the […]
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Bears Hold Sway as NGXASI Down by 193bps, Investors Loss N1.11Trn
—NGXASI stands at +33.48% (YTD); Naira depreciated by 1.07% to close at N1,148.14 April 16, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: The Nigerian Equities market sustained the bearish momentum to close the day’s trading in the red zone as the NGX All-Share Index shed 193 […]
Tier-1 Banks Drag NGXASI to Bearish Zone -1.04%
April 16, 2024/InvestmentOne Report The NGXASI declined by 1.04% today to close at 100,717.21pts, as the selloffs on DANGCEM (-4.37%), ZENITHBANK (-8.41%) and UBA (-8.00%) propelled the market into the red terrain. In the fixed income space, the Treasury Bills secondary market traded on a positive note, as buying interest was observed […]
