The National Bureau of Statistics (NBS) has released the Q1 2026 Gross Domestic Product (GDP) report, showing that the Nigerian economy expanded by 3.9% year-on-year (y/y), higher than the 3.1% y/y recorded in the corresponding period of 2025, although slightly lower than the 4.1% y/y growth recorded in Q4 2025. […]
Author: InvestAdvocate
AfDB, OCP Group Sign €450 Million Partial Credit Guarantee to Accelerate Industrial Transition
The signing of this agreement marks a key milestone in implementing OCP Group’s 2023–2030 investment programme May 25, 2026/AfDB The African Development Bank Group and OCP Group signed an agreement in Rabat on 22 May 2026 for a partial credit guarantee amounting to €450 million, aimed at supporting the investment […]
Nigerian Equities Open Week Bullish +0.6% on Gains in Blue Chips
May 25, 2026/Cordros Report EQUITIES The Nigerian equities markets kicked off the week on a bullish note as gains in AIRTELAFRI (+10.0%), OANDO (+4.6%), FCMB (+3.5%) and JAIZBANK (+2.5%) drove the All-Share Index higher by 0.6% to 251,131.51 points. Consequently, the Month-to-Date and Year-to-Date returns settled higher at +3.7% and […]
