May 5, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price appreciation in MTNN (-8.63%) and ARADEL (-5.81%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.58% to settle at 242,750.15 points Year to date returns […]

May 5, 2026/Cordros Update The DMO is scheduled to conduct an NTB primary market auction tomorrow, offering NGN700.00 billion across the three maturities: NGN100.00 billion for the 91-Day tenor, NGN50.00 billion for the 182-Day tenor, and NGN550.00 billion for the 364-Day tenor.  Please see our expectations below

May 5, 2026/Cordros Report EQUITIES Bearish sentiments resurfaced in the domestic bourse as losses in MTNN (-8.7%), WAPCO (-2.2%), GUINNESS (-10.0%), FIRSTHOLDCO (-3.8%) and STANBIC (-2.2%) led to a 0.5% decline in the All-Share Index to 241,849.25 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to -0.2% and +55.4%, respectively. […]