May 20, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in BUACEMENT (-10.00%) and INTBREW(-5.38%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 1.02% to settle at 249,062.37 points Year to date returns fell to settle at 60.05% market capitalization also fell by 1.00% to close at N159.66tn ($116.21bn) Activity level in the market was mixed with the total value of stocks traded rising by 1.76% and volume of stocks traded falling by 14.74% to […]

May 12, 2026/Cordros Report EQUITIES Nigerian equities closed today’s session on a negative note, as selloffs in BUACEMENT (-10.0%), FIRSTHOLDCO (-4.0%), GTCO (-0.5%) and OANDO (-3.1%) drove the All-Share Index lower by 1.0% to 248,949.37 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to +2.8% and +60.0%, respectively. The total […]

May 20, 2026/Cordros Update At today’s NTB primary market auction, the DMO offered NGN650.00 billion across tenors, with total demand reaching NGN1.99 trillion, translating to a bid-to-offer ratio of 3.1x. The DMO ultimately allotted NGN829.33 billion, implying a bid-to-cover ratio of 2.4x. Stop rates stayed unchanged at 15.95%, 16.14% and 16.15% for the 91-, 182- and 364-day […]