February 27, 2026/Cordros Update According to the National Bureau of Statistics (NBS), Nigeria’s economy grew by 4.07% y/y in Q4-25, up from 3.98% y/y in Q3-25. The growth outturn is 15bps higher than Cordros’ estimate (+3.92% y/y). Based on the GDP breakdown provided, the oil sector growth rose to 6.79% […]
Author: InvestAdvocate
NGX Edges Lower as Investors Rebalance Positions
February 27, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in ARADEL (-0.91%) and GTCO (-0.09%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.38% to settle at 192,826.77 points Year to date returns […]
Dangote Cement, Sinoma Sign $1Bn Strategic Agreements for cement Projects Across Africa
February 27, 2026/Dangote Group Dangote Cement Plc (DCP), a subsidiary of Dangote Industries Limited, at the weekend in Lagos signed a landmark agreement with Sinoma International Engineering for the construction of 12 new projects and expansion of others across Africa. The landmark agreement, with an estimated investment of over $1 […]
