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NTB Primary Market Auction Expectations for 6 May 2026

May 5, 2026/Cordros Update The DMO is scheduled to conduct an NTB primary market auction tomorrow, offering NGN700.00 billion across the three maturities: NGN100.00 billion for the 91-Day tenor, NGN50.00 billion for the 182-Day tenor, and NGN550.00 billion for the 364-Day tenor.  Please see our expectations below

Bears Resurface as Blue Chips Drag Nigerian Equities to -0.5% Loss

May 5, 2026/Cordros Report EQUITIES Bearish sentiments resurfaced in the domestic bourse as losses in MTNN (-8.7%), WAPCO (-2.2%), GUINNESS (-10.0%), FIRSTHOLDCO (-3.8%) and STANBIC (-2.2%) led to a 0.5% decline in the All-Share Index to 241,849.25 points. Consequently, the Month-to-Date and Year-to-Date returns moderated to -0.2% and +55.4%, respectively. […]

NGXASI Advance +0.36% on Gains in Blue Chips

May 4, 2026/InvestmentOne Report The NGXASI advanced by 0.36% to close at 243,158.97pts, as investors buy interest in STANBIC (+9.70%), GTCO (+3.70%) and BUACEMENT(+2.61%) drove the domestic bourse into the positive region.   In the fixed income space, the Treasury Bills secondary market closed on a bearish note, due to mixed […]