Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in CADBURY (-10.00%) and DANGSUGAR (-1.41%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell slightly by 0.02% to settle at 200,913.06 points Year to date returns rose to 29.11% Market capitalisation also fell by 0.02% to close at N128.97tn ($93.19bn) Activity level in the market declined with the total value and volume of stocks traded falling by 26.17% and 12.24% to settle at N24.47bn and 595.15mn units respectively Click […]
Investors Bite
Nigerian Stocks Trade Bearish as Indices Dip -0.1% Week-on-Week
The domestic stock market traded on a bearish note this week, primarily driven by losses in MTNN (-5.3%), ZENITHBANK (-6.4%), FIRSTHOLDCO (-4.7%), and UBA (-2.1%). Consequently, the All-Share Index declined by 0.1% w/w to 200,913.06 points, bringing month-to-date and year-to-date returns to +4.2% and +29.1%, respectively. March 27, 2026/Cordros Report […]
FGN Bond Auction Expectation for 30 March 2026
March 27, 2026/Cordros Update The DMO is scheduled to conduct an FGN Bond primary market auction on Monday, 30 March, comprising the reopening of the AUG 2030, JUN 2032 and MAY 2033 bonds, with offer sizes of NGN250.00 billion, NGN200.00 billion, and NGN300.00 billion, respectively. Please see our expectations below
