January 12, 2026/United Capital Report Equities Market Summary Today, the Nigerian Exchange Market closed on a positive note following share price appreciation in FIRSTHOLDCO (+5.21%) and WAPCO(+6.00%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.58% to settle at 163,244.69 points. Year-to-date returns closed at 4.90%, […]
Author: InvestAdvocate
Nigerian Equities Open Week Bullish +0.6%, Buoyed by Bellwether Counters
January 12, 2026/Cordros Report EQUITIES The Nigerian equities market opened the week on a positive note as gains in WAPCO (+6.0%), FIRSTHOLDCO (+5.2%), NB (+4.0%), and TRANSCORP (+1.1%) spurred a 0.6% increase in the All-Share Index to 163,244.69 points. Consequently, the Month-to-Date and Year-to-Date returns settled higher at +4.9%. […]
Inflation Projected at 31% in December
January 12, 2026/United Capital Report Bottomline: United Capital Research forecasts that Nigeria’s headline inflation rate will decline further to 15.48% in November 2025 from 16.05% in October 2025. The expected moderation is driven by a slight reduction in the prices of selected food items and Premium Motor Spirit (PMS). Although […]
