EQUITY A total turnover of 3.893 billion shares worth N87.749 billion in 43,868 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.194 billion shares valued at N54.850 billion that exchanged hands last week in 45,112 deals. The Financial Services Industry (measured by volume) led the […]
The long awaited Q3 2024 financial report of FCMB Group Plc for the period ended 30, September 2024 was published on Tuesday. The result shows significant growth in the Company’s topline and bottom line figures, year on year. Gross Earnings of N587.773 billion was reported for the 9 months period, up by 67.2% from N351.532 billion reported[…]
The recent inflation report published by the National Bureau of Statistics revealed that the Headline inflation rate in October 2024 was 33.88%, an increase from the September 2024 headline inflation rate of 32.70%. Key points: Overall, the report highlights a continuing upward trend in the inflation rate, with notable increases both on a monthly and yearly basis.