Author: InvestAdvocate

NGXASI Advance +0.13% as New Year Rally Continues at Slower Pace

January 8, 2026/InvestmentOne Report The NGXASI advanced today by 0.13% to close at 160,806.56pts, as the new year rally continues but at a slower pace in PRESCO (+6.17%), ETI (+3.57%) and WAPCO (+0.68%), pushing the local bourse higher.   In the fixed income space, the Treasury Bills secondary market traded […]

Nigerian Equities Sustain Bullish Run +0.1% on Gains in Bellwether Counters

January 8, 2026/Cordros Report EQUITIES The Nigerian equities market maintained its bullish trajectory, as buying interest in PRESCO (+6.2%), ETI (+3.6%), WAPCO (+0.7%), and UBA (+0.9%) lifted the All-Share Index by 0.1% to 160,806.56 points. Sequentially, the Year-to-Date return settled at +3.3%. The total volume traded declined by 54.6% to […]

Composite PMI Closes 2025 in Expansion Zone

January 8, 2026/CSL Update The Central Bank of Nigeria (CBN) has released its December 2025 Purchasing Managers’ Index (PMI) report for the agriculture, services, and industry sectors. The composite PMI rose to 57.6 points in December from 56.4 points in November, marking the strongest pace of activity in nearly five […]