October 27, 2025/United Capital Report Equities Market Summary Today, the Nigerian Stock Exchange Market closed on a negative note following share price depreciation in UBA (-2.53%) and GTCO(-2.00%). As a result, the benchmark All-Share Index (NGX-ASI) fell by 0.09%, closing at 155,496.15 points. Year-to-date returns weakened to close at 51.08%, […]
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Nigerian Equities Open Week Bearish +0.1% on Banking Counter Losses
October 27, 2025/Cordros Report EQUITIES The domestic equities market started the week on a negative note, as losses in banking names such as UBA (-4.3%), GTCO (-2.0%), ZENITHBANK (-2.5%) and ACCESSCORP (-5.4%) drove the benchmark Index lower by 0.1% to 155,496.15 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to +9.0% and […]
Dangote Refinery Plans Equity Listing and Major Capacity Expansion
October 24, 2025/CSL Research on the Nigerian Exchange (NGX) within the next one year, according to Chairman Aliko Dangote in a recent interview with S&P Global. We note that the move aligns with the broader strategy of the Dangote Group, following the listing of other subsidiaries such as Dangote Cement […]
