Author: InvestAdvocate

Nigerian Stocks Trade Bearish as Indices Dip -0.1% Week-on-Week

The domestic stock market traded on a bearish note this week, primarily driven by losses in MTNN (-5.3%), ZENITHBANK (-6.4%), FIRSTHOLDCO (-4.7%), and UBA (-2.1%). Consequently, the All-Share Index declined by 0.1% w/w to 200,913.06 points, bringing month-to-date and year-to-date returns to +4.2% and +29.1%, respectively. March 27, 2026/Cordros Report […]

FGN Bond Auction Expectation for 30 March 2026

March 27, 2026/Cordros Update The DMO is scheduled to conduct an FGN Bond primary market auction on Monday, 30 March, comprising the reopening of the AUG 2030, JUN 2032 and MAY 2033 bonds, with offer sizes of NGN250.00 billion, NGN200.00 billion, and NGN300.00 billion, respectively.  Please see our expectations below

NGXASI Dips -0.02%on Losses in MTNN, Nigerian Breweries, STANBIC

March 27, 2026/InvestmentOne Report The NGXASI declined by 0.02% to close at 200,913.06pts, as the losses recorded in NB (-3.41%), STANBIC (-1.77%) and MTNN (-0.15) drove the Nigerian equities market into the negative zone.   In the fixed income space, the Treasury Bills secondary market traded on a bullish note […]