May 20, 2026/InvestmentOne Update The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held their 2nd meeting of the year where they voted to: – Hold the Monetary Policy Rate (MPR) at 26.50%. – Retain the asymmetric corridor around the MPR at +50/-450bps. – Maintain the Cash Reserve […]
Author: InvestAdvocate
NGXASI Dips -1.02% on Losses in Bellwether Counters
May 20, 2026/InvestmentOne Report The NGXASI declined by 1.02% to close at 249,063.70pts, as the losses recorded in BUACEMENT (-10.00%), FIRSTHOLDCO (-4.04%) and GTCO (-0.48%) drove the local equities market into the negative zone. In the fixed income space, the Treasury Bills secondary market traded on a slightly positive note […]
Market Pauses Rally as Profit-Taking Hits Key Stocks
May 20, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in BUACEMENT (-10.00%) and INTBREW(-5.38%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 1.02% to settle at 249,062.37 points Year to date returns fell to settle at 60.05% market capitalization also fell by 1.00% to close at N159.66tn ($116.21bn) Activity level in the market was mixed with the total value of stocks traded rising by 1.76% and volume of stocks traded falling by 14.74% to […]
