February 24, 2026/Coronation Update The last FGN bond auction on 23rd February 2026 revealed strong investor demand, with a bid-to-offer ratio of 3.37x for the 17.95% FGN JUN 2032 instrument, and the DMO allotted N524.272bn, reflecting a final bid-to-cover ratio of 5.15x. The Debt Management Office conducted its second FGN […]
Author: InvestAdvocate
The Liquidity Mandate: Thematic Report February 2026
February 24, 2026/Coronation Report Every market cycle delivers lessons. Some are dramatic: sharp sell-offs, sudden rallies. Others are quieter but more enduring. One of the most persistent and underappreciated lessons in the Nigerian equities market is the critical importance of liquidity. Liquidity rarely feels urgent in calm conditions. It is […]
Market Moderates as Investors Lock in Gains
February 24, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in BUAFOODS (-9.99%) and MTNN (-2.56%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.90% to settle at 194,484.61 points Year to date returns […]
