Investors Bite

Weekly Investment View, January 12 – 16, 2026

January 12, 2026/United Capital Update Global Markets: United States The United States (US) labour market showed mild softening this week, as initial jobless claims rose slightly but remained historically low, indicating that while layoffs are rising modestly, overall labuor conditions are still relatively resilient rather than sharply deteriorating. Despite this, […]

Bulls Press On as Market Extends Its Uptrend

January 12, 2026/United Capital Report Equities Market Summary Today, the Nigerian Exchange Market closed on a positive note following share price appreciation in FIRSTHOLDCO (+5.21%) and WAPCO(+6.00%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.58% to settle at 163,244.69 points. Year-to-date returns closed at 4.90%, […]

Nigerian Equities Open Week Bullish +0.6%, Buoyed by Bellwether Counters

January 12, 2026/Cordros Report EQUITIES   The Nigerian equities market opened the week on a positive note as gains in WAPCO (+6.0%), FIRSTHOLDCO (+5.2%), NB (+4.0%), and TRANSCORP (+1.1%) spurred a 0.6% increase in the All-Share Index to 163,244.69 points. Consequently, the Month-to-Date and Year-to-Date returns settled higher at +4.9%. […]