December 31, 2025/Cordros Report EQUITIES Bullish sentiments persisted in the local bourse today as gains in BUAFOODS (+1.3%), FIRSTHOLDCO (+7.9%) and MTNN (+0.8%) drove the All-Share Index higher by 0.4% to 155,613.03 points. As a result, the Month-to-Date and Year-to-Date returns settled at +8.4% and +51.2%, respectively. The total volume of trades […]
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FPI Activity Declines Second Consecutive Month in November
December 31, 2025/CSL Update Foreign Portfolio Investment (FPI) activity on the Nigerian Exchange (NGX) declined by 13.1% to ₦162.04 billion (US$112.00 million) in November 2025, down from ₦186.62 billion (US$131.27 million) in October, marking the second consecutive monthly decline. Domestic investor activity also eased, falling by 4.4% to ₦809.14 billion […]
How Nigeria’s New Tax Law Could Redefine Risk in the Banking Sector
December 31, 2025 By Blaise Udunze Nigeria’s new tax identification portal goes live nationwide tomorrow, Monday, January 1, 2026, marking a pivotal moment in the country’s fiscal and financial governance. Designed to modernise tax administration and strengthen taxpayer identification, the reform reflects a decisive shift in economic strategy by a […]
