April 13, 2026/Cordros Report EQUITIES The local bourse commenced the week on a bullish note as gains in STANBIC (+6.5%), GUINNESS (+7.8%), NB (+5.6%) and INTBREW (+8.6%) drove a 0.4% increase in the NGX ASI to 204,487.88 points. Consequently, the Month-to-Date and Year-to-Date returns improved to +1.6% and +31.4%, respectively. The […]
Author: InvestAdvocate
Market Extends Gains Amid Mixed Trading Activity
April 13, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in INTBREW (+8.61%) and GUINNESS(+7.80%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.34% to settle at 204,458.86 points Year to date returns rose to settle at 31.39% Market capitalization also rose by 0.34% to close at N131.61tn ($96.99bn) Activity level in the […]
Dangote Refinery Powers Historic Shift as Nigeria Emerges Net Petrol Exporter, Earns Fresh Forex
April 13, 2026/Dangote Group Dangote Petroleum Refinery & Petrochemicals has recorded a major milestone in Nigeria’s energy history, exporting 44,000 barrels per day (b/d) of gasoline in March 2026, an achievement that has positioned Nigeria as a net exporter of petrol for the first time ever, with a surplus of […]

