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Adequate Reserves Shield Economies From Shocks and Strengthen Resilience

(Credit: malija/iStock by Getty Images) International reserves Building foreign exchange reserves requires sound policies and takes time, but global efforts to lower the cost of holding them can help March 5, 2026/IMFBlog By Pierre-Olivier Gourinchas Participants at Saudi Arabia’s Al-Ula conference in February rightly lauded emerging market economies’ impressive resilience since the global financial […]

Equity Market Ends Session on a Positive Note

March 5, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in NESTLE (+4.84%) and MTNN (+0.63%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.18% to settle at 196,807.15 points Year to date returns […]

Nigerian Equities Gain +0.2%, Buoyed by Blue Chips Interest

March 5, 2026/Cordros Report EQUITIES The Nigerian equities closed today’s session on a positive note, as gains in NESTLE (+4.8%), MTNN (+0.6%), STANBIC (+5.6%) and CUSTODIAN (+9.7%) drove the All-Share Index higher by 0.2% to 196,807.15 points. Consequently, the Month-to-Date and Year-to-Date returns settled higher at +2.1% and +26.5%, respectively. […]