May 15, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in ARADEL (-8.69%) and GTCO (-0.47%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.76% to settle at 250,330.92 points Year to date returns […]
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W. Africa Set for Investment Boost via BOAD-IFC Deal
This large-scale operation, supported by Galite, BOAD’s structuring advisor, aims to institutionalize local currency financing as a cornerstone of regional development in West Africa May 15, 2026/BOAD To help boost local currency financing, private sector growth, and job creation across the West African Economic and Monetary Union (WAEMU), the West […]
Nigeria April 2026 CPI: Inflation Risks Remain Tilted to the Upside
May 15, 2026/Cordros Report According to the National Bureau of Statistics (NBS), the headline inflation rose for the second month in a row, increasing by 31bps to 15.69% year-on-year in April (March: 15.40% y/y). We attribute the increase primarily to the acceleration in food inflation to 16.06% y/y (March: 14.31% […]
