Investors Bite

Nigerian Stocks Kick Off Week Bearish -0.03%, Dragged by Blue Chips

April 14, 2025/Cordros Report EQUITIES Trading in the Nigerian stock market kicked off the week on a negative note, driven by profit-taking activities in UBA (-3.1%), FIDELITYBK (-1.2%) and NESTLE (-2.0%), which drove the All-Share Index lower by 3bps to 104,529.62 points. As a result, the month-to-date and year-to-date returns […]

NGX Holds 64th AGM, Reaffirms Commitment to Creating Sustainable Value for All Stakeholders

April 11, 2025/NGX Nigerian Exchange Group Plc (NGX Group) held its 64th Annual General Meeting (AGM) on Wednesday, April 9, 2025, at the Nigerian Exchange Group House. During the meeting, the Group reaffirmed its unwavering commitment to delivering long-term, sustainable value, emphasizing innovation, operational excellence, and stakeholder engagement as key […]

Nigerian Equities Report -0.9% Weekly Loss, Dragged by Blue Chips, Current Trade War,

In the Nigerian equities market, investors retained a cautious approach, with risk-off sentiments remaining dominant. Factors including the ongoing global trade tensions and decline in oil prices sparked selling activity on the bourse. Specifically, sell pressures on MTNN (-4.1%), TRANSCORP (-8.4%), ACCESSCORP (-9.7%), UBA (-4.2%), ETI (-8.7%), GTCO (-2.0%), OANDO […]