February 18, 2026/Cordros Report EQUITIES Bargain-hunting activities resumed today in the Nigerian equities market with SEPLAT (+8.3%), ZENITHBANK (+3.9%), and PRESCO (+4.1%) lifting the bourse by 0.6% to 190,427.96 points. Consequently, the Month-to-Date and Year-to-Date returns inched higher to +15.2% and +22.4%, respectively. The total volume of trade advanced […]
Investors Bite
Unity, Providus Banks Merger A Done Deal As Integration Progresses
February 18, 2026/Unity Bank Plc Following the recently held Court-Ordered Meeting and subsequent overwhelming endorsement, the merger and business combination between Unity Bank Plc and Providus Bank Limited remains firmly on course. Analysts appraising the ongoing recapitalisation programme believe that the regulatory backing and shareholders’ support for the merger represent […]
NGX Records First Commercial Paper Listing with Dangote Cement’s ₦119.87bn Issuance
February 18, 2026/NGX Nigerian Exchange Limited (NGX) has recorded its first Commercial Paper (CP) listing with the admission of Dangote Cement Plc’s Series 1 and Series 2 Commercial Papers under its ₦500 billion Commercial Paper Issuance Programme. The two series, with a combined value of ₦119.87 billion, were admitted to […]
