Author: InvestAdvocate

Nigerian Bourse Close Higher +0.6% on Banking, Industrial Goods Gains

May 19, 2026/Cordros Report EQUITIES The local bourse closed higher, driven by demand for BUACEMENT (+5.8%), FIRSTHOLDCO (+3.8%), ZENITHBANK (+1.5%) and UBA (+2.7%), with the All-Share Index advancing by 0.6% to close at 251,635.42 points. Consequently, the Month-to-Date and Year-to-Date returns settled higher at +3.8% and +61.7%, respectively. The total […]

NGX Climbs as Investor Sentiment Improves

May 19, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in ZENITHBANK (+1.50%) and BUACEMENT (+5.75%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.57% to settle at 251,635.42 points Year to date returns […]

Nigeria’s Next Export Gateway: Dangote Activates Olokola Deep Seaport Plan

…as Vision 2030 Push Accelerates May 19, 2026/Dangote Group Ahead of the take-off of what promises to be the largest Deep Sea Port in Africa, Dangote Industries Limited has commenced initial process towards the execution of the multi‑billion-dollar maritime and industrial infrastructure project which forms the core part of the […]