February 24, 2026/Coronation Update The last FGN bond auction on 23rd February 2026 revealed strong investor demand, with a bid-to-offer ratio of 3.37x for the 17.95% FGN JUN 2032 instrument, and the DMO allotted N524.272bn, reflecting a final bid-to-cover ratio of 5.15x. The Debt Management Office conducted its second FGN […]
Investors Bite
Market Moderates as Investors Lock in Gains
February 24, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in BUAFOODS (-9.99%) and MTNN (-2.56%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.90% to settle at 194,484.61 points Year to date returns […]
NGXASI Losses -0.91%, Dragged by Blue Chips
The NGXASI declined by 0.91% to close at 194,484.52pts, as the losses recorded in BUAFOODS (-9.99%), STANBIC (+5.35%) and MTNN (-2.56%) drove the domestic bourse into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven by bullish sentiment observed […]
