December 16, 2025/Cordros Update At tomorrow’s NTB primary market auction, the DMO is scheduled to offer a total of NGN700.00 billion across the three maturities: NGN100.00 billion for the 91-Day tenor, NGN100.00 billion for the 182-Day tenor, and NGN500.00 billion for the 364-Day tenor. Please see our expectations below:
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Nigerian Equities Gains +0.01%, Driven by FIRSTHOLDCO, GUINNESS
December 16, 2025/Cordros Report EQUITIES The domestic equities market closed today’s session on a bullish note, as gains in GUINNESS (+10.0%) and FIRSTHOLDCO (+4.2%) drove the All-Share Index higher by 1bp to 149,459.11 points. As a result, the Month-to-Date and Year-to-Date returns settled at +4.1% and +45.2%, respectively. The total volume […]
Market Holds Steady as Liquidity Improves Significantly
December 16, 2025/United Capital Report Equities Market Summary Today, the Nigerian Exchange Market closed on a neutral note amid mixed performance across stocks, with notable gains in FIRSTHOLDCO(+4.20%) and GUINNESS(+9.98%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) closed flat at 149,459.11 points. Year-to-date returns strengthened to close […]
