Author: InvestAdvocate

Pre-MPC February 2026: MPC to lower the MPR by 50bps at the February Meeting

February 20, 2026/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria is scheduled to hold its first meeting of the year on 23–24 February. Since the previous meeting, risks to global economic stability have increased amid heightened geopolitical tensions and policy uncertainties. Nonetheless, the recent weakening […]

NGX Charges Higher as Bulls Tighten Their Grip

February 20, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in WAPCO (+8.25%) and ETI (+5.78%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.99% to settle at 194,989.77 points Year to date returns […]

NGXASI Gains +0.99%, Buoyed by Industrial, Consumer Goods Counters

The NGXASI advanced by 0.99% to close at 194,987.80pts, as the gains recorded in WAPCO (+8.25%), BUACEMENT (+3.45%) and NESTLE (+6.90%) drove the local equities market into the positive zone.   In the fixed income space, the Treasury Bills secondary market traded on a negative note driven by selloffs by […]