January 28, 2026/Cordros Report EQUITIES The local bourse closed on a bearish note in today’s session, as profit-taking activities in MTNN (-1.4%), FIRSTHOLDCO (-2.2%), and FIDELITYBK (-3.8%) weighed down the All-Share Index by 0.3% to 165,164.38 points. As a result, the Month-to-Date and Year-to-Date returns settled at +6.1%. The total […]
Investors Bite
NGXASI Fell -0.33% on Losses in Bellwether Pushing Local Bourse into the Red
January 28, 2026/InvestmentOne Report The NGXASI declined by 0.33% to close at 165,164.38pts, as losses recorded in FIDELITYBK (-3.80%), FIRSTHOLDCO (-2.23%) and MTNN (-1.38%), drove the local bourse into the red terrain. In the fixed income space, the Treasury Bills secondary market traded on a positive note due to […]
Standard Bank Closes USD 250 Million Strategic Financing for Aradel Energy
Image Credit: P+ Measurement Services January 28, 2026/P+Measurement Services Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited, and The Standard Bank of South Africa Limited (together, “Standard Bank”) have successfully achieved financial close on a landmark USD 250 million financing facility for Aradel Energy Limited (“Aradel Energy” or the “Company”). The facility […]

