February 16, 2026/InvestmentOne Report The NGXASI advanced by 4.37% to close at 190,281.56pts, as gains printed in MTNN (+9.99%), DANGCEM(+9.95%) and BUACEMENT (+5.73%) pushed the domestic bourse into the positive territory. In the fixed income space, the Treasury Bills secondary market traded on a slightly positive note given the […]
Author: InvestAdvocate
Nigerian Equities Extends Bullish Run +4.4% for 11th Consecutive Session on Bellwether Gains
February 16, 2026/Cordros Report EQUITIES The domestic equities market extended its bullish run, closing higher for the 11th consecutive session as risk-on sentiment remained dominant. Precisely, gains in MTNN (+10.0%), DANGCEM (+10.0%), BUACEMENT (+5.7%), ARADEL (+10.0%), GTCO (+7.1%), ZENITH (+10.0%) and WAPCO (+5.0%) lifted the All-Share Index by 4.4% to […]
Dangote Signs $400 Million Equipment Deal to Fast Track Refinery Expansion
February 16, 2026/Dangote Group … to become number one construction company in the world Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote […]
