February 25, 2026/InvestmentOne Report The NGXASI declined by 0.06% to close at 194,370.20pts, as losses recorded in FIRSTHOLDCO (-8.36%), ZENITHBANK (-2.15%) and GTCO (-1.67%) drove the domestic bourse into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a negative note, driven by […]
Author: InvestAdvocate
Nigerian Stocks Dragged to -0.1% Loss by Banking Counters
February 25, 2026/Cordros Report EQUITIES The domestic bourse closed today’s session on a negative note, as losses in banking tickers, including FIRSTHOLDCO (-8.4%), ZENITHBANK (-2.2%), and GTCO (-1.7%), drove the All-Share Index lower by 0.1% to 194,370.20 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to +17.5% and +24.9%, respectively. […]
GenCos Reject Presidency’s ₦2.8 Trillion Debt Settlement Deal
February 25, 2026/CSL Update Recent media reports suggested that President Bola Tinubu approved ₦2.8 trillion as the Federal Government’s audited liability to settle legacy debts owed to Nigeria’s power generation companies (GenCos), significantly lower than the ₦6.0 trillion figure previously claimed by the operators. The reports cited unnamed Presidency and […]
