May 12, 2026/Cordros Report EQUITIES The domestic equities market closed today’s session on a positive note as gains in FIRSTHOLDCO (+6.0%), ZENITHBANK (+2.3%), NB (+9.9%) , and ETI (+4.7%) lifted the All-Share Index by 0.8% at 252,411.67 points. Consequently, the Month-to-Date and Year-to-Date returns settled higher at +4.2% and +62.2%, […]
Author: InvestAdvocate
Weekly Investment View, May 11 – May 15, 2026
May 11, 2026/United Capital Update Global Markets United States The Institute for Supply Management (ISM) Services Purchasing Managers’ Index (PMI) for the United States eased slightly to 53.6 points in April 2026, down from 54.0 points in March 2026, indicating that the services sector continued to expand but at a […]
Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments
May 11, 2026/Dangote Group The President/Chief Executive of Dangote Group, Aliko Dangote has held a high-level meeting with Nicolai Tangen, the Chief Executive Officer of Norges Bank Investment Management, the world’s largest sovereign wealth fund manager, overseeing assets valued at approximately $1.9 trillion. At the meeting, the Norwegian investment institution […]
