March 5, 2026/Cordros Report EQUITIES The Nigerian equities closed today’s session on a positive note, as gains in NESTLE (+4.8%), MTNN (+0.6%), STANBIC (+5.6%) and CUSTODIAN (+9.7%) drove the All-Share Index higher by 0.2% to 196,807.15 points. Consequently, the Month-to-Date and Year-to-Date returns settled higher at +2.1% and +26.5%, respectively. […]
Author: InvestAdvocate
With Global Refineries Down, Dangote Refinery Becomes Nigeria’s Energy Lifeline
March 5, 2026/Dangote Group Dangote Petroleum Refinery & Petrochemicals reassures Nigerians of its unwavering commitment to serving as a stabilising force amid recent shocks in the international oil market. The conflict in the Middle East has led to the shutdown of some refineries and cut in refinery production across the […]
Equity Market Trades Soft as Activity Cools
March 4, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in DANGSUGAR (-10.00%) and OANDO (-0.50%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell marginally by 0.08% to settle at 196,463.22 points Year to date […]
