Author: InvestAdvocate

Nigerian Bourse Extends Bullish Run +1.0%, Buoyed by Banking, Industrial Goods Counters

July 17, 2025/Cordros Report EQUITIES The domestic bourse extended its bullish momentum in today’s session as buying interests in DANGCEM (+10.0%), BUACEMENT (+10.0%), and FIRSTHOLDCO (+9.9%) drove the All-Share Index higher by 1.0% to 130,283.86 points. Consequently, the Month-to-Date and Year-to-Date returns settled at +8.6% and +26.6%, respectively. The total volume […]

IMF Names Rodrigo Valdés as Director of the Fiscal Affairs Department

July 17, 2025/IMF Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today her intention to appoint Mr. Rodrigo Valdés as Director of the Fiscal Affairs Department (FAD). Mr. Valdés will succeed Vitor Gaspar, starting on October 27, 2025. “I am pleased to announce that Rodrigo Valdés will […]

Industrial Giants Fueled Market Rally

July 17, 2025/United Capital Report Equities Market Summary Today, the Nigerian Stock Exchange Market closed on a positive note following share price appreciation in DANGCEM (+9.99%) and BUACEM(+10.00%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 1.02% to close at 130,282.79 points.  Year to date returns rose to […]