December 15, 2025/Cordros Report EQUITIES The Nigerian equities market traded on a quiet note, as gains in FIRSTHOLDCO (+9.9%) and GUINNESS (+10.0%) were offset by declines in NB (-6.9%) and WEMABANK (-2.7%), leaving the benchmark index unchanged at 149,437.88 points. Sequentially, the Month-to-Date and Year-to-Date returns settled at +4.1% and […]
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Broad-Based Gains Lift Market to Fresh December High
December 12, 2025/United Capital Report Equities Market Summary Today, the Nigerian Exchange Market closed on a positive note following share price appreciation in DANGSUGAR(+4.35%) and MTNN(+7.26%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 1.00%, closing at 149,433.25 points. Year-to-date returns strengthened to close at 45.18%, […]
FGN Bond Auction Expectation for 15 December 2025
December 12, 2025/Cordros Update The DMO will hold its final FGN Bond auction of the year next Monday, 15 December, at which it plans to offer NGN230.00 billion apiece for the AUG-2030 and JUN-2032 maturities. Please see our expectations below:

