July 22, 2025/Dangote Group …Says Dangote Refinery imports 9-10m barrels of crude monthly from US, others Africa is increasingly becoming a destination for cheap, often toxic petroleum products — many of which are blended to substandard levels that would not be permitted in Europe or North America. This concern was […]
Author: InvestAdvocate
Nigerian Equities Extend Bullish Sentiments on Gains in Industrial, Consumer Goods Counters
July 22, 2025/Cordros Report EQUITIES The Nigerian equities market extended yesterday’s bullish sentiments following gains in BUACEMENT (+4.0%), WAPCO (+8.6%) and DANGSUGAR (+10.0%). Consequently, the All-Share Index advanced by 0.5% to 132,451.73 points with the Month-to-Date and Year-to-Date returns settling at +10.4% and +28.7%, respectively. The total volume of trades […]
Post MPC July 2025: MPC Holds the Policy Rate Steady at 27.50%
July 22,2025/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) kept the Monetary Policy Rate (MPR) unchanged at 27.5% for the third consecutive period. The MPC’s decision to maintain its policy stance was underpinned by the need to consolidate the disinflationary process and sufficiently contain […]
