Nigerian equities continued to trade higher this week, marking a third straight week of gains, with the market closing positive in all five trading sessions. The performance was driven by buying interest in ARADEL (+28.9%), MTNN (+10.7%), AIRTELAFRI (+10.0%), STANBIC (+36.6%), SEPLAT (+9.4%), BUAFOODS (+3.3%) and ZENITHBANK (+12.5%). As a […]
Author: InvestAdvocate
Bulls Sustain Hold as Nigerian Stocks Gain +1.2%, Driven by Bellwether Counters
April 16, 2026/Cordros Report EQUITIES The bulls continued to dominate the Nigerian stock market as gains in MTNN (+2.5%), ARADEL (+10.0%), FIRSTHOLDCO (+9.4%), and ETI (+10.0%) drove the All-Share Index higher by 1.2% to 211,912.38 points. Consequently, the Month-to-Date and Year-to-Date returns settled higher at +5.3% and +36.2%, respectively. The […]
NGXASI Advance +1.24% on Gains in Blue Chips
April 16, 2026/InvestmentOne Report The NGXASI advanced by 1.24% to close at 211,912.38pts as gains printed in ETI (+9.97%), FIRSTHOLDCO (+9.35%) and MTNN (+2.46%) drove the Nigerian equities market into the green. In the fixed income space, the Treasury Bills secondary market traded on a slightly positive note, with […]

