The NGXASI advanced by 0.99% to close at 194,987.80pts, as the gains recorded in WAPCO (+8.25%), BUACEMENT (+3.45%) and NESTLE (+6.90%) drove the local equities market into the positive zone. In the fixed income space, the Treasury Bills secondary market traded on a negative note driven by selloffs by […]
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FGN Bond Auction Expectation for 23 February 2026
February 20, 2026/Cordros Update The DMO will conduct an FGN Bond primary market auction on Monday, 23 February, through the reopening of the JUN 2032, MAY 2033, and FEB 2034 bonds, offering a total of NGN400.00 billion, NGN300.00 billion, and NGN100.00 billion, respectively. Please see our expectations below
Nigerian Stocks Sustain Bullish Run, Indices Advance +7.1% Week-on-Week
The domestic stock market maintained a bullish trajectory this week, recording gains in four of five trading sessions. As a result, the All-Share Index advanced by 7.1% to 194,989.77 points. February 20, 2026/Cordros Report Global According to the Bureau of Economic Analysis (BEA), the US economy expanded by 1.4% q/q […]
