July 1, 2025/InvestmentOne Report The NGXASI declined by 0.20% today to close at 119,741.20pts, as the losses recorded in DANGCEM (-3.41%), ZENITHBANK (-1.58%) and GTCO (-1.23%) drove the local bourse into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note driven by […]
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CILEASING Q1-25: Earnings Dip Despite Revenue Gains
July 1, 2025/Cordros Report C & I Leasing Plc (CILEASING) published their Q1-25 unaudited financials yesterday (30 June), reporting a 43.5% decline in earnings per share to NGN0.15 (Q1-24: NGN0.26). The decline in earnings was largely due to a 40.8% y/y increase in finance costs, which weighed on profitability despite […]
Nigerian Stocks Open H1 2025 Bearish -0.2%, Dragged by Dangote Cement, ZENITHBANK
July 1. 2025/Cordros Report EQUITIES The domestic equities market opened the second half of the year on a negative note, as sell pressures on DANGCEM (-3.4%), GTCO (-1.2%) and ZENITHBANK (-1.6%) drove the All-Share Index lower by 0.2% to 119,741.23 points. As a result, the Year-to-Date returns moderated to +16.4%. […]
