May 14, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in ZENITHBANK (-0.69%) and WAPCO (-0.26%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.10% to settle at 252,243.11 points Year to date returns […]
Author: InvestAdvocate
Inflation Outlook – April 2026
May 14, 2026/Coronation Update Summary We project headline CPI inflation for April 2026 at 15.95% y/y and 2.35% m/m. This would mark the second consecutive month of upward movement in the year-on-year rate, extending the cycle reversal that began in March 2026 after eleven straight months of disinflation. On a […]
NGXASI Declines -0.10%, Dragged by Banking Stocks
May 14, 2026/InvestmentOne Report The NGXASI declined by 0.10% to close at 252,243.11pts, as the losses recorded in STANBIC (-4.45%), WEMABANK (-7.14%) and ZENITHBANK (-0.69%) drove the local equities market into the red. In the fixed income space, the Treasury Bills secondary market traded on a slightly positive note amid […]
