Morning Flash - United Capital Records N3.59bn Profit After Tax In Q1

Morning Flash - United Capital Records N3.59bn Profit After Tax In Q1
(Source: Securities Africa Nigeria Research, Date: 16-Apr-2024)

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Market Summary -16/04/2024

Â· Nigeria

-0.52% USD6.28m; N6.3bn

Sectorial Performance

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NIGERIA NEWS

Market News:

Â· Bearish streak deepens as NGX registers N304 billion equity decline, FBN's SWOOT exit "" N-metrics

Â· Naira nears 1,000/$ at parallel market - Punch

Â· Nigerian household bills jump by 27.64% in one year as inflation bites - Punch

Â· Fidelity shareholders get N0.60k final dividend for 2023 -TheSun

Â· United Capital Records N3.59bn Profit After Tax In Q1 - Leadership

Â· SEC, Capital Market Community To Convene For Q1 CMC Meeting - Leadership

Â· Inflation Soars to 33.2% In March - Leadership

Economy News:

Â· Dangote, modular refineries to pay naira for crude - Punch

Â· Nigeria's FDI fell by $19bn in 10 years "" Edun - Punch

Â· Vandalism worsens grid collapse as gas shortage slashes power supply - Punch

Â· Analysing impact, sustainability of naira recovery "" TheSun

Â· 2024: Blue Economy Ministry Allocates N1.35bn For Vehicles, Foreign, Local Trips - Leadership

Â· NIPCOGas Crashes CNG Price To N200/scm, Unveils Stations In Lagos - Leadership

Kind regards,

Securities Africa Financial Limited | 5th Floor Skye Bank Building | 30 Marina | Lagos | Nigeria

Main:+234 (909) 440 4638 |

Email: researchng@securitiesafrica.com | Web: www.securitiesafricang.com

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