Investors Bite

Nigerian Equities Market Trades Bearish -0.7% on Selloffs in TRANSCORP, WAPCO

September 2, 2025/Cordros Report EQUITIES The Nigerian equities market traded on a negative note as selloffs in WAPCO (-9.9%) and TRANSCORP (-4.3%) drove the All-Share Index lower by 0.7% to 138,737.64 points. Sequentially, the Month-to-Date and Year-to-Date returns moderated to -1.1% and +34.8%, respectively. The total volume of trades declined […]

Market Value Rises on Heavyweight Movements

September 2, 2025/United Capital Report Equities Market Summary Today, the Nigerian Stock Exchange Market closed on a negative note following share price depreciation in BUAFOODS (-3.51%) and BUACEMEN (-5.27%). As a result, the benchmark All-Share Index (NGX-ASI) fell by 0.67% to close at 138,780.55 points. Year to date returns weakened […]

Huaxin Cement Completes Acquisition of Majority Stake in Lafarge Africa Plc

September 1, 2025/CSL Research Holcim Group, the Swiss cement giant and majority shareholder in Lafarge Africa Plc, has completed the divestment of its entire 83.81% stake in Lafarge Africa to Huaxin Cement Co., Ltd., a leading Chinese cement and building materials manufacturer headquartered in Shanghai. The transaction, first announced in […]