May 7, 2026/Cordros Report EQUITIES The local bourse ended today’s session lower as sell pressures in DANGCEM (-4.9%), BUACEMENT (-6.5%), WAPCO (-5.1%) and ZENITHBANK (-3.1%) caused a 1.3% decline in the All-Share Index to 239,596.97 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to -1.1% and +54.0%, respectively. The total […]
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NGX Extends Pullback as Profit-Taking Weighs on Blue Chips
Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in DANGCEM (-4.89%) and ZENITHBA (-3.10%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 1.23% to settle at 239,734.61 points Year to date returns fell to settle at 54.06% […]
PepsiCo Declares Quarterly Dividend
Image Credit: PepsiCo May 6, 2026/PepsiCo The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.48 per share of PepsiCo common stock, a 4 percent increase versus the comparable year-earlier period. Today’s action is consistent with PepsiCo’s previously announced increase in its annualized dividend to $5.92 […]

