June 10, 2025/Cordros Report On May 27, the President formally requested the National Assembly’s approval for the 2024–2026 external borrowing plan for a total amount of USD24.10 billion, comprising USD21.5 billion, EUR2.20 billion, and JPY15.00 billion. The Minister of Finance noted that the plan, a statutory component of the Medium-Term […]
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NGXASI Advance +0.18% on Gains in Bellwether Counters
June 10, 2025/InvestmentOne Report The NGXASI advanced by 0.18% today to close at 114,820.86pts, as the gains recorded in BUAFOODS (+4.32%), GTCO (+1.64%) and PRESCO (+3.40%) drove the local bourse into the green. In the fixed income space, the Treasury Bills secondary market traded on a negative note as yields increased […]
Coronation Fixed Income and Exchange Rate Update
June 10, 2025/Coronation Report Summary Last week, the Federal Government declared Friday, June 6 and Monday, June 9, 2025, as public holidays in celebration of the 2025 Eid-el-Kabir. Consequently, the Nigerian Exchange (NGX) closed the trading week on Thursday, with the All-Share Index (ASI) recording another strong performance. The benchmark […]
