The domestic stock market closed higher this week, recording gains in four of the five trading sessions. Precisely, buying interest in DANGCEM (+4.6%), MTNN (+4.0%), BUACEMENT (+2.7%), and ARADEL (+9.1%) drove the All Share Index higher by 2.2% w/w to 196,985.94 points. March 6, 2026/Cordros Report Global According to the […]

March 6, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in DANGCEM (+0.62%) and NB (+2.50%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.08% to settle at 196,968.15 points Year to date returns […]

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 […]