December 23, 2025/InvestmentOne Report The NGXASI advanced today by 0.59% to close at 153,354.32pts, as the gains recorded in BUAFOODS (+1.88%), FIRSTHOLDCO (+9.35%) and WAPCO (+1.50%) pushed the local bourse into the green. In the fixed income space, the Treasury Bills secondary market traded on a quiet note, with a […]
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BUAFOODS, FIRSTHOLDCO Drives Nigerian Stocks to +0.6% Gain
December 23, 2025/Cordros Report EQUITIES The domestic equities market closed today’s session on a bullish note, as gains in BUAFOODS (+1.9%) and FIRSTHOLDCO (+9.4%) drove the All-Share Index higher by 0.6% to 153,354.13 points. As a result, the Month-to-Date and Year-to-Date returns settled higher at +6.9% and +49.0%, respectively. The […]
After the Capital Rush: Who Really Wins Nigeria’s Bank Recapitalisation?
December 23, 2025 By Blaise Udunze By any standard, Nigeria’s ongoing bank recapitalisation exercise is one of the most consequential financial sector reforms since the 2004-2005 consolidation that shrank the number of banks from 89 to 25. Then, as now, the stated objective was stability to have stronger balance sheets, […]
