April 13, 2026/Dangote Group Energy experts have criticised recent recommendations by the World Bank urging Nigeria to deepen fuel importation and fully liberalise its downstream petroleum sector, warning that the advice is ill‑timed, economically regressive and in direct violation of the Petroleum Industry Act (PIA). An energy economist and professor, […]
Author: InvestAdvocate
NGXASI Advance +0.35%, Driven by Bellwether Counters
April 13, 2026/InvestmentOne Report The NGXASI advanced by 0.35% to close at 204,487.85pts as gains recorded in STANBIC (+6.52%), GUINNESS (+7.80%) and NB (+5.50%) drove the local bourse into the green. In the fixed income space, the Treasury Bills secondary market traded on a slightly positive note due to […]
Nigerian Bourse Start Week Bullish +0.4% on Gains in Blue Chips
April 13, 2026/Cordros Report EQUITIES The local bourse commenced the week on a bullish note as gains in STANBIC (+6.5%), GUINNESS (+7.8%), NB (+5.6%) and INTBREW (+8.6%) drove a 0.4% increase in the NGX ASI to 204,487.88 points. Consequently, the Month-to-Date and Year-to-Date returns improved to +1.6% and +31.4%, respectively. The […]
