June 2, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in WEMABANK (-9.09%) and FIRSTHOLDCO (-6.72%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) declined by 0.35% to settle at 246,686.66 points Year to date returns rose to settle at 58.53% Market capitalisation also declined by 0.30% to close at N158.22tn ($115.76bn) Activity level in the […]
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Nigerian Bourse Close Bearish -0.4% on Losses in Banking Counters
June 2, 2026/Cordros Report EQUITIES The domestic bourse closed today’s session on a bearish note as losses in FIRSTHOLDCO (-6.7%), ZENITHBANK (-2.3%), PZ (-10.0%) and WEMABANK (-9.1%) caused a 0.4% decline in the All-Share Index to 246,686.66 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to -1.5% and +58.5%, respectively. […]
Invest Africa, FirstBank UK To Close London Event Together
Image Credit: InvestAfrica The reception will bring together delegates from The Africa Debate 2026 – the UK’s foremost platform for high-level dialogue on Africa’s economic future – and participants from the London-Africa Business Forum, ahead of the Mayor of London’s inaugural London-Africa Business Summit May 29, 2026/InvestAfrica Invest Africa, the […]
