December 18, 2025/Cordros Report EQUITIES The domestic equities market closed today’s session on a bullish note, as gains in NESTLE (+10.0%), FIRSTHOLDCO (+7.7%), UBA (+4.5%), and GUINNESS (+10.0%) drove the benchmark index higher by 0.4% to 150,363.03 points. Consequently, the Month-to-Date and Year-to-Date returns settled at +4.8% and +46.1%, respectively. […]
Author: InvestAdvocate
Dangote Refinery’s PMS Supply Will Reduce Petrol Price, Says IPMAN
December 18, 2025/Dangote Group …Commends Dangote for its affordable petrol products …As free delivery commences in January 2026 The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on all its members nationwide to patronise the Dangote Refinery in their purchase of PMS products, noting that the refinery already offers […]
CBN Revokes Licences of Aso Savings, Union Homes
December 18, 2025/CSL Update The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing persistent regulatory breaches and weak financial conditions that rendered both institutions unviable. The revocations took effect on 15 December 2025 and […]
