March 17, 2026/Cordros Report EQUITIES The domestic stock market closed today’s session on a positive note as gains in BUACEMENT (+10.0%), ZENITHBANK (+7.9%), and GTCO (+4.5%) drove the All-Share Index higher by 0.5% to 202,559.56 points. Consequently, the Month-to-Date and Year-to-Date returns settled higher at +5.1% and +30.2%, respectively. The […]
Author: InvestAdvocate
Supreme Court Affirms AMCON’s Sale of Lagos Continental Hotel for N22Billion
March 16, 2026/AMCON The Supreme Court Friday, February 20, 2026, finally delivered judgment in favour of the Asset Management Corporation of Nigeria (AMCON) following the protracted legal battle between Polaris Bank Limited, AMCON, 11 Hospitality Plc, and Milan Industries Limited over the sale of Lagos Continental Hotel. Recall that the […]
Weekly Investment View, March 16- 20, 2026
March 16, 2026/United Capital Update Global Markets United States In the United States, annual inflation held steady at 2.4% in February 2026, unchanged from January and remaining at its lowest level since May 2025. Energy prices rebounded slightly, driven by higher fuel oil and natural gas costs and a smaller […]
