Author: InvestAdvocate

Domestic Gas Sale Drops 10.61% Month-on-Month

June 20, 2025/CSL Research The May 2025 Gas Production Status Report from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) indicated that Nigeria’s total gas production for the month was 240,165.67 million standard cubic feet (MMscf), up 19.17% year-on-year (y/y) from 201,492.48 MMscf recorded in May 2024. Associated Gas (AG)—natural gas […]

NGX-ASI Closed Bullish…Up by 24bps

June 20, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in GTCO(+6.52%) and PRESCO(+6.28%). As a result, the benchmark All-Share Index (NGX-ASI) climbed  by 0.24% to close at 118,138.22points. YTD returns gained to 14.78%, while market capitalization closed at N74.53tn. Activity […]

Nigerian Stocks Up +2.4% to Report Fourth Consecutive Weekly Gain on Blue Chips Interest

The Nigerian equities market closed the week on a positive note, posting its fourth consecutive weekly gain, specifically, the All-Share Index (ASI) advanced by 2.4% w/w to 118,138.22 points. June 20, 2025/Cordros Report Global In line with market expectations, the Federal Open Market Committee (FOMC), at its June 2025 meeting, […]