Author: InvestAdvocate

Ecobank To Finance Africa’s Ecosystems Via Innovative Nature Bonds

Unlike many conservation-focused financing vehicles, Ecobank’s Nature Bond channels capital directly through Africa’s real economy — financing businesses and communities whose day-to-day activities shape environmental outcomes at scale June 2, 2026/Ecobank Ecobank Group has launched the world’s first ICMA commercial bank-issued Nature Bond on the London Stock Exchange, creating a new […]

Equities Close Lower as Sell-Off Persists in Key Names

June 2, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in WEMABANK (-9.09%) and FIRSTHOLDCO (-6.72%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) declined by 0.35% to settle at 246,686.66 points Year to date returns rose to settle at 58.53% Market capitalisation also declined by 0.30% to close at N158.22tn ($115.76bn) Activity level in the […]

Nigerian Bourse Close Bearish -0.4% on Losses in Banking Counters

June 2, 2026/Cordros Report EQUITIES The domestic bourse closed today’s session on a bearish note as losses in FIRSTHOLDCO (-6.7%), ZENITHBANK (-2.3%), PZ (-10.0%) and WEMABANK (-9.1%) caused a 0.4% decline in the All-Share Index to 246,686.66 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to -1.5% and +58.5%, respectively. […]