May 8, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in DANGCEM (+1.85%) and TRANSCOH (+8.62%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.35% to close at 109,231.96 points. YTD returns settled at 6.13%, while market capitalization closed […]
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NGXASI Gains +0.35%, Driven by Bellwether Counters
May 8, 2025/InvestmentOne Report The NGXASI rose by 0.35% today to close at 109,231.96pts, as the bargain hunting in TRANSCOHOTEL (+8.62%), STANBIC (+6.47%) and DANGCEM (+1.85%) pushed the local equities market into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note driven […]
Airtel Africa FY 2025: Profit Rebound Driven by Lower FX Losses
May 8, 2025/CSL Research Financial Highlights: Revenue: -0.5% y/y to US$4.96BN Direct Network Operating Costs: +5.2% y/y to US$974M OPEX: +4.2% y/y to US$1.72BN EBITDA -5.8% y/y to US$2.29BN Operating Profit: -11.2% y/y to US$1.46BN Profit before Tax: US$661BN from a Loss before Tax US$63m Stock Rating: BUY Target Price: […]
