February 18, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in SEPLAT (+8.33%) and ETI (+4.65%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.58% to settle at 190,427.96 points. Year to date […]
Investors Bite
Bargain Hunting Resumes as Nigerian Stocks Up +0.6% on Bellwether Gains
February 18, 2026/Cordros Report EQUITIES Bargain-hunting activities resumed today in the Nigerian equities market with SEPLAT (+8.3%), ZENITHBANK (+3.9%), and PRESCO (+4.1%) lifting the bourse by 0.6% to 190,427.96 points. Consequently, the Month-to-Date and Year-to-Date returns inched higher to +15.2% and +22.4%, respectively. The total volume of trade advanced […]
Unity, Providus Banks Merger A Done Deal As Integration Progresses
February 18, 2026/Unity Bank Plc Following the recently held Court-Ordered Meeting and subsequent overwhelming endorsement, the merger and business combination between Unity Bank Plc and Providus Bank Limited remains firmly on course. Analysts appraising the ongoing recapitalisation programme believe that the regulatory backing and shareholders’ support for the merger represent […]
