The NGXASI declined by 0.06% today to close at 105,426.12pts, as selloffs in OANDO (-3.80%), FIRSTHOLDCO (-2.44%) and ZENITHBANK (-2.25%) drove the domestic bourse into the red terrain. In the fixed income space, the Treasury Bills secondary market closed negative driven by bearish sentiment observed on the short and mid tenor instruments. […]
More News
FIRSTHOLDCO, ZENITHBANK Drags Nigerian Stocks to -0.1% Loss
March 27, 2025/Cordros Report EQUITIES Bearish sentiments persisted in the Nigerian equities market, as sell pressures in ZENITHBANK (-2.3%) and FIRSTHOLDCO (-2.4%) caused a 0.1% decline in the All-Share Index to 105,426.12 points. Sequentially, the Month-to-Date and Year-to-Date returns printed -2.2% and +2.4%, respectively. The total volume of trade decreased […]
Zenith Bank Plc 2024FY: Broad-Based Growth Across Income Lines Drives Profitability
March 27, 2025/Cordros Report Zenith Bank Plc (ZENITHBANK) published 2024FY audited financials after the close of business yesterday (March 26). The bank’s net profit surpassed the NGN1.00 trillion mark, increasing by 52.6% to NGN1.03 trillion, resulting in an earnings per share of NGN32.87 (2023FY: NGN21.55). The result was driven by […]
