December 2, 2025/Cordros Update The DMO is scheduled to conduct an NTB primary market auction tomorrow, December 3, offering a total of NGN700.00 billion: NGN100.00 billion for the 91-Day tenor, NGN150.00 billion for the 182-Day tenor, and NGN450.00 billion for the 364-Day tenor. Please see our expectations below
Investors Bite
Nigerian Equities Gain +1.2%, Buoyed by Blue Chips
December 2, 2025/Cordros Report EQUITIES The domestic equities market closed on a positive note today, as gains in DANGCEM (+10.0%), UBA (+3.8%), GUINNESS (+7.8%) and INTBREW (+10.0%) drove the All-Share Index higher by 1.2% to 144,928.36 points. Consequently, the Month-to-Date and Year-to-Date returns inched higher to +1.0% and +40.8%, respectively. […]
November 2025 in Retrospect
December 2, 2025/CSL Report The equities market retraced a portion of the gains recorded in preceding months during November, as investor sentiment weakened and episodes of panic-selling became more obvious. This deterioration was largely attributable to uncertainties around the interpretation and forthcoming implementation of the new Capital Gains Tax (CGT) […]
