February 25, 2026/InvestmentOne Report The NGXASI declined by 0.06% to close at 194,370.20pts, as losses recorded in FIRSTHOLDCO (-8.36%), ZENITHBANK (-2.15%) and GTCO (-1.67%) drove the domestic bourse into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a negative note, driven by […]
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Nigerian Stocks Dragged to -0.1% Loss by Banking Counters
February 25, 2026/Cordros Report EQUITIES The domestic bourse closed today’s session on a negative note, as losses in banking tickers, including FIRSTHOLDCO (-8.4%), ZENITHBANK (-2.2%), and GTCO (-1.7%), drove the All-Share Index lower by 0.1% to 194,370.20 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to +17.5% and +24.9%, respectively. […]
FGN Bond Auction Result for 23 February 2026
February 24, 2026/Cordros Update At yesterday’s FGN bond auction, the DMO reopened the AUG-2030, MAY-2033 and FEB-2034 bonds, offering a total of NGN800.00 billion. Total demand settled at NGN2.70 trillion (bid-to-offer: 3.4x), with the DMO eventually allotting NGN524.28 billion (bid-to-cover: 5.1x). The stop rate on the FEB 2034, which was on-the-run last month, declined by 200bps to 15.50%. […]
