Investors Bite

Nigerian Equities Close Flat by 1Bp on Mixed Sentiments

January 21, 2026/Cordros Report EQUITIES The Nigerian equities market closed relatively flat in today’s session, as gains in JAIZBANK (+10.0%), JBERGER (+8.3%), and WAPCO (+0.6%) outweighed profit-taking in ETI (-6.0%), CHAMPION (-9.3%), and OANDO (-2.5%), driving the All-Share Index marginally higher by 1bp to 166,267.60 points. Sequentially, the Year-to-Date returns settled […]

NTB Primary Market Auction Expectations for 21 January 2026

January 20, 2026/Cordros Update The DMO is scheduled to conduct an NTB primary market auction tomorrow, offering NGN1.15 trillion across the three maturities: NGN150.00 billion for the 91-Day tenor, NGN200.00 billion for the 182-Day tenor, and NGN800.00 billion for the 364-Day tenor. Please see our expectations below

NGXASI Advance +0.09% on Gains in Blue Chips

January 20, 2026/InvestmentOne Report The NGXASI advanced by 0.09% to close at 166,259.59pts, as the gains recorded in ZENITHBANK (+0.84%), NEM (+9.03%) and CHAMPION (+8.83%) drove the local bourse into the green.   In the fixed income space, the Treasury Bills secondary market exhibited a slight negative momentum given the […]