March 7, 2024/CSL Research The National Bureau of Statistics (NBS) of Nigeria through its selected food price watch for January 2024 reported steep increases in the average prices of essential food items that are widely consumed by Nigerians. According to the World Food Programme (WFP), 4.4m people are food insecure […]
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Intraday Update: Nigerian Stocks Gain +0.38%, Buoyed by Bellwether Counters
March 7, 2024/InvestmentOne Update ASI as at 12.00pm: +0.38% Top Gainers and Losers: TRANSPOWER (+9.99%), JULI (+9.96%), NEM (-9.85%) and UPDC (-9.72%). Sector Performances: Consumer goods (+0.84%), Banking (-0.92%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume and value both advanced by 128% and 114% respectively, when […]
Ellah Lakes CEO Says Rights Issue Raised N250 Million, Other Updates
March 6, 2024/NGX On the Q2 earnings results, Ellah Lakes Plc’s (the Company) Chief Executive Officer, Mr. Chuka Mordi commented that: “Despite the headwinds faced in the past few years, during the past quarter the Company achieved significant milestones which has put it back on track towards generating operating cashflow […]

