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Nigerian Equities Open Week Bearish -0.01% on Losses in GTCO, ZENITHBANK, WAPCO

EQUITIES The Nigerian equities market commenced the week on a bearish note, as losses in WAPCO (-3.0%), GTCO (-1.5%) and ZENITHBANK (-1.8%) drove the All-Share Index lower by 1bp to 119,978.57 points. Accordingly, the Month-to-Date and Year-to-Date returns settled at +7.4% and +16.6%, respectively. The total volume of trades increased […]

NGXASI Dips -0.01% on Losses in Industrial Goods, Banking Counters

June 30, 2025/InvestmentOne Report The NGXASI declined by 0.01% today to close at 119,978.57pts, as the losses recorded in WAPCO (-3.00%), GTCO (-1.52%) and ZENITHBANK (-1.81%) drove the local bourse into the red zone.   In the fixed income space, the Treasury Bills secondary market traded on a relatively positive note driven […]

Energy Experts Say Dangote’s Initiative will Reduce Production Costs, Ease Inflationary Pressures, and Stimulate Economic Growth

June 30, 2025/Dangote Group The new initiative of the Dangote Petroleum Refinery has continued to draw accolades from energy experts in the country, with some describing it as the best that has happened to the sector since Independence. The Chief Executive of Financial Derivatives Company, Bismarck Rewane, said the company’s […]