December 29, 2025/Cordros Report The local bourse opened the week on a positive note as gains in BUAFOODS (+1.5%), ETI (+10.0%), GUINNESS (+9.8%) and MTNN (+0.6%) drove the All-Share Index higher by 0.6% to 154,389.53 points. Consequently, the Month-to-Date and Year-to-Date returns advanced to +7.6% and +50.0%, respectively. The […]
Author: InvestAdvocate
Bulls Retain Momentum as Equity Market Pushes Higher
December 29, 2025/United Capital Report Equities Market Summary Today, the Nigerian Exchange Market closed on a positive note following share price appreciation in GUINNESS (+9.82%) and ETI (+10.00%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.55% to settle at 154,389.53 points. Year-to-date returns strengthened to […]
Nigeria’s N58.18trn Budget and Rising Cost of Deficit Governance
December 29, 2025 By Blaise Udunze When President Bola Tinubu presented the N58.18 trillion 2026 Appropriation Bill to the National Assembly, unbeknownst to some, it opened with a contradiction that should unsettle even its most optimistic readers. It is an irony that a budget promises consolidation, renewed resilience, and shared […]
