May 19, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in ZENITHBANK (+1.50%) and BUACEMENT (+5.75%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.57% to settle at 251,635.42 points Year to date returns […]
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AFC Commits $100M to Power Africa’s Digital Growth
Through this commitment, AFC will deploy catalytic capital in leading Africa-focused technology Funds and in particular African-owned fund managers May 18, 2026/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced that its Board has approved a commitment of up to US$100 million to invest in Africa-focused […]
Nigerian Equities Market Open Week Lower -0.01%, Dragged by Bellwether Counters
May 18, 2026/Cordros Report EQUITIES The Nigerian equities markets kicked off the week lower as sell pressures in SEPLAT (-1.0%), WAPCO (-0.6%) and DANGSUGAR (-2.8%) offset demand for OANDO (+10.0%), TRANSCORP (+2.2%), and ZENITHBANK (+0.8%). As a result, the All-Share Index declined by 1bp to 250,311.33 points, causing the Month-to-Date […]
