Author: InvestAdvocate

BUAFOODS, FIRSTHOLDCO Drives Nigerian Stocks to +0.6% Gain

December 23, 2025/Cordros Report EQUITIES The domestic equities market closed today’s session on a bullish note, as gains in BUAFOODS (+1.9%) and FIRSTHOLDCO (+9.4%) drove the All-Share Index higher by 0.6% to 153,354.13 points. As a result, the Month-to-Date and Year-to-Date returns settled higher at +6.9% and +49.0%, respectively. The […]

After the Capital Rush: Who Really Wins Nigeria’s Bank Recapitalisation?

December 23, 2025 By Blaise Udunze By any standard, Nigeria’s ongoing bank recapitalisation exercise is one of the most consequential financial sector reforms since the 2004-2005 consolidation that shrank the number of banks from 89 to 25. Then, as now, the stated objective was stability to have stronger balance sheets, […]

SEC Says CMOs to Renew Registration January 1-31 2026

December 22, 2025/SEC Nigeria The Securities and Exchange Commission has announced that capital market operators are to renew their registration from January 1 to 31, 2026.In a bid to make the process as seamless as possible, the Commission has disclosed that it will commence electronic receipt and processing of applications […]