December 2, 2025/Cordros Report EQUITIES The domestic equities market closed on a positive note today, as gains in DANGCEM (+10.0%), UBA (+3.8%), GUINNESS (+7.8%) and INTBREW (+10.0%) drove the All-Share Index higher by 1.2% to 144,928.36 points. Consequently, the Month-to-Date and Year-to-Date returns inched higher to +1.0% and +40.8%, respectively. […]
Investors Bite
November 2025 in Retrospect
December 2, 2025/CSL Report The equities market retraced a portion of the gains recorded in preceding months during November, as investor sentiment weakened and episodes of panic-selling became more obvious. This deterioration was largely attributable to uncertainties around the interpretation and forthcoming implementation of the new Capital Gains Tax (CGT) […]
FirstHoldCo Announces Completion of Sale of FBNQuest Merchant Bank
December 1, 2025/FirstBank of Nigeria In line with the Nigerian Exchange Limited (NGX) Rulebook, we wish to inform NGX and the investing public that First HoldCo Plc has successfully completed the full divestment of its 100% ownership in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. This transaction has been […]
