March 5, 2026/Cordros Update At yesterday’s NTB primary market auction, the DMO offered NGN1.05 trillion across tenors, with total demand reaching NGN2.34 trillion, translating to a bid-to-offer ratio of 2.2x. The DMO ultimately allotted NGN1.01 trillion, implying a bid-to-cover ratio of 2.3x. Stop rates increased on the 91-Day tenor by 15bps to […]
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NGXASI Advance +0.18% on Gains in Bellwether Counters
March 5, 2026/InvestmentOne Report The NGXASI advanced by 0.18% to close at 196,807.15pts, as the gains recorded in NESTLE (+4.84%), MTNN (+0.63%) and STANBIC (+5.56%), drove the local bourse into the positive region. In the fixed income space, the Treasury Bills secondary market continued its selloffs for a third […]
Equity Market Ends Session on a Positive Note
March 5, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in NESTLE (+4.84%) and MTNN (+0.63%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.18% to settle at 196,807.15 points Year to date returns […]
