May 6, 2026/Cordros Update At today’s NTB primary market auction, the DMO offered NGN700.00 billion across tenors, with total demand reaching NGN2.41 trillion, translating to a bid-to-offer ratio of 3.4x. The DMO ultimately allotted NGN731.75 billion, implying a bid-to-cover ratio of 3.3x. Stop rates fell by 5bps to 16.14% and 16.15% for the 182- […]
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NGX Advances on Renewed Buying Interest
May 6, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in AIRTELAFRI (+10.00%) and FCMB (+4.07%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.41% to settle at 242,729.51 points Year to date returns […]
Nigerian Bourse Gains +0.4% on Blue Chips Interest
May 6, 2026/Cordros Report EQUITIES The domestic bourse closed on a bullish note with the All-Share Index advancing by 0.4% to close at 242,729.52 points, as gains in AIRTELAFRI (+10.0%), DANGSUGAR (+8.4%), and FIRSTHOLDCO (+1.6%) offset sell pressures in MTNN (-4.3%), GUINNESS (-10.0%) and UBA (-2.4%). Consequently, the Month-to-Date and […]
