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 […]

Nigerian Bourse Halts Four-Day Bullish Streak, Dips -0.9% on Losses in BUAFOODS, MTNN

February 24, 2026/Cordros Report EQUITIES The local bourse halted its four-day bullish streak as losses in BUAFOODS (-10.0%) and MTNN (-2.6%) dragged the All-Share Index lower by 0.9% to 194,484.61 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to +17.6% and +25.0%, respectively. The total volume traded declined by 11.7% […]