Author: InvestAdvocate

CSL Nigeria Monthly Stock Pick

November 5, 2025/CSL Research October 2025 in retrospect The equities market recorded further improvement in October, building on the gains from the previous month, although investor sentiment remained mixed. The price rebound in several mid- to large-cap stocks observed in September was sustained through October, supported by the wave of […]

Nigerian Stocks Extend Bearish Streak -1.2% on Blue Chips Losses

November 15, 2025/Cordros Report EQUITIES The domestic stock market extended its losing streak, as profit-taking in MTNN (-5.9%), TRANSCORP (-10.0%), and WAPCO (-7.1%) caused a 1.2% decline in the All-Share Index to 150,812.02 points. Consequently, the Month-to-Date and Year-to-Date returns settled lower at -2.2% and +46.5%, respectively. The total volume […]

Nigeria’s Telcos Record Strong Profit Growth in 9M 2025 on Robust Revenues, Cost Control, and FX Gains

November 4, 2025/CSL Research In the first nine months of 2025 (9M 2025), Nigeria’s telecommunications sector recorded robust profit growth, supported by foreign exchange (FX) gains, slower cost escalation, and the full impact of recently implemented tariff increases. Industry-wide, operators posted solid Revenue growth, with MTN Nigeria leading the performance. […]