The domestic stock market traded on a bearish note this week, primarily driven by losses in MTNN (-5.3%), ZENITHBANK (-6.4%), FIRSTHOLDCO (-4.7%), and UBA (-2.1%). Consequently, the All-Share Index declined by 0.1% w/w to 200,913.06 points, bringing month-to-date and year-to-date returns to +4.2% and +29.1%, respectively. March 27, 2026/Cordros Report […]
Updates
FGN Bond Auction Expectation for 30 March 2026
March 27, 2026/Cordros Update The DMO is scheduled to conduct an FGN Bond primary market auction on Monday, 30 March, comprising the reopening of the AUG 2030, JUN 2032 and MAY 2033 bonds, with offer sizes of NGN250.00 billion, NGN200.00 billion, and NGN300.00 billion, respectively. Please see our expectations below
#GlobalOilPrice Debate: Nigerians Applaud Dangote Refinery’s Role in Easing Local PMS Supply Pressure
March 26, 2026/Dangote Group The conversation around petrol pricing in Nigeria continues to generate mixed reactions across social media, with citizens debating the implications of global oil market realities on domestic fuel costs. While concerns remain about rising pump prices, a growing number of commentators acknowledge the stabilizing role of […]
