Investors Bite

NGXASI Fell -0.33% on Losses in Bellwether Pushing Local Bourse into the Red

January 28, 2026/InvestmentOne Report The NGXASI declined by 0.33% to close at 165,164.38pts, as losses recorded in FIDELITYBK (-3.80%), FIRSTHOLDCO (-2.23%) and MTNN (-1.38%), drove the local bourse into the red terrain.   In the fixed income space, the Treasury Bills secondary market traded on a positive note due to […]

Standard Bank Closes USD 250 Million Strategic Financing for Aradel Energy

Image Credit: P+ Measurement Services January 28, 2026/P+Measurement Services Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited, and The Standard Bank of South Africa Limited (together, “Standard Bank”) have successfully achieved financial close on a landmark USD 250 million financing facility for Aradel Energy Limited (“Aradel Energy” or the “Company”).  The facility […]

Market Closes Firm as Positive Sentiment Builds

January 27, 2026/United Capital Report Equities Market Summary Today, the Nigerian Exchange Market was positive due to share price appreciation in WAPCO (+0.64%) and UBA (+0.79%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) settled at 165,713.82 points. Year-to-date returns settled at 6.49%, while market capitalisation closed at […]